Acquisition Adds Deliciously Crunchy Cookie
Thins to Growing Brand Portfolio
MOUNT
LAUREL, N.J., April 9,
2024 /PRNewswire/ -- J&J Snack Foods Corp.
(NASDAQ: JJSF), a leader and innovator in the snack food industry,
today announced its acquisition of Thinsters, the deliciously
crunchy cookie made with real, simple ingredients. This strategic
move strengthens J&J Snack Foods' position as a leader in
providing America's favorite delicious and fun
snacks.
Thinsters are thin, crunchy, bite-size cookies with simple
ingredients and bursts of flavor. Oven-baked with real butter and
real sugar, the deliciously crunchy cookies deliver big taste with
less guilt. Thinsters is a popular and growing brand with best in
category product quality.
"We are thrilled to add Thinsters to our growing portfolio of
fun brands," said Dan Fachner,
President & CEO at J&J Snack Foods. "This acquisition is a
natural fit for us, complementing our already vast offering of
cookies and baked goods. Thinsters' dedication to using
high-quality, wholesome ingredients resonates perfectly with our
growing customer base. We look forward to leveraging our strengths
to expand distribution and introduce Thinsters cookies to a wider
audience."
Founded in 1971, J&J Snack Foods has completed over 30
value-building transactions throughout the Company's history. The
Company has a proven track record of successfully integrating and
scaling niche brands into some of America's most beloved snacks,
including SUPERPRETZEL, ICEE, and most recently, DIPPIN' DOTS,
which the Company acquired in June
2022.
"We look forward to bringing J&J Snack Foods' sales,
marketing, and innovation capabilities to the already popular
Thinsters brand," added Fachner. "This acquisition represents a
significant step forward in our strategic vision to offer the
widest variety of delicious and fun snacks under one roof."
About J&J Snack Foods
J&J Snack Foods Corp.
(NASDAQ: JJSF) is a leader and innovator in the snack food and
frozen beverage industry. For over fifty years, the company has
specialized in delicious snack and beverage brands for foodservice
and retail segments, serving up fun across the U.S. market. J&J
Snack Foods' core brands include SUPERPRETZEL, the #1 soft pretzel
brand, ICEE and SLUSH PUPPIE frozen beverages, and DIPPIN' DOTS,
the original beaded ice cream. The company's broad brand portfolio
also includes LUIGI'S Real Italian Ice, MINUTE MAID* frozen ices,
WHOLE FRUIT frozen fruit bars, DOGSTERS ice cream style treats for
dogs, ¡Hola! Churros, THE FUNNEL CAKE FACTORY funnel cakes and
fries, and bakery brands including MARY B'S, DADDY RAY'S, COUNTRY
HOME BAKERS, and HILL & VALLEY. For more information, please
visit http://www.jjsnack.com.
*MINUTE MAID is a registered trademark of The Coca-Cola
Company.
About THINSTERS
THINSTERS cookies are thin, crunchy,
bite-size cookies with bursts of flavor and simple ingredients.
Oven-baked with real butter and real sugar, with no artificial
ingredients, THINSTERS cookies are non-GMO, have no corn syrup no
processed oils. THINSTERS cookies come in a variety of flavors
including Chocolate Chip, Toasted Coconut, Key Lime Pie, Vanilla
Bean and Brownie Batter. Visit THINSTERS.com or @THINSTERSCookies
to learn more.
Forward-Looking Statements
Certain statements in this press release may be forward-looking
statements within the meaning of Section 21E of the Securities
Exchange Act of 1934, as amended, and are subject to the safe
harbor created thereby. Please refer to our public filings
for a discussion of certain important factors that relate to
forward-looking statements contained in this press release. The
words "believe," "expect," "anticipate," "estimate," "guidance,"
"will," "target," "intend" and similar expressions identify
forward-looking statements. Although we believe that the
expectations reflected in these forward-looking statements are
reasonable, we can give no assurance that such expectations will
prove to be correct.
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SOURCE J&J Snack Foods Corp.