Nutter Represents Deep River Snacks in Acquisition by Arca ContinentalPrint PDF
Nutter’s Food & Beverage group advised Deep River Snacks, makers of premium better-for-you snacks based in Connecticut, in its sale to Arca Continental, the second-largest Coca-Cola bottler in Latin America and parent company of Wise Snacks, Bokados, and Inalecsa. Jeremy Halpern, partner and co-chair of Nutter’s Emerging Companies Group, led the deal team, which included Erin Anderman, Elizabeth Norman, Crescent Moran Chasteen, Josh Gray, Meghan Kelly, and Erin Whitney.
Nutter had been long time general counsel to Deep River Snacks, and had advised the company in its ongoing commercial dealings, intellectual property matters, and its venture capital transactions.
With nationwide distribution and sales of approximately USD $45 million per year, Deep River Snacks is known for its colorful line of kettle cooked potato chips, and HONCHOS™ organic seasoned tortilla chips. All of its products have non-GMO ingredients, are certified gluten-free, cooked exclusively in sunflower oil, and are Kosher and nut-free. Deep River Snacks rounds out Arca Continental’s portfolio to capture both the conventional and growing better-for-you segment within the snack category, while partnering with a company whose mission is well aligned with Arca Continental’s Sustainability and Social Responsibility Strategy.