USA

Stryve Foods acquires US biltong manufacturer

Mergers & Acquisitions

Stryve Foods, a US-based protein snacks start-up has acquired all of the assets of Biltong USA, one of the first USDA approved biltong manufacturers in the country.

Posted on Feb 02 ,10:24

Biltong USA, produces high quality sliced beef biltong, droëwors, and other related products. The company has a unique family recipe and method of curing beef.

"Bringing our manufacturing resources to Biltong USA will greatly increase scale, allowing us to get biltong into more people's hands," said Stryve Foods Chairman, Ted Casey, in a statement.

Stryve Foods said it had already shown tremendous growth since its inception in the summer of 2017, including partnerships with several leading retailers in the FDM and specialty markets.

This acquisition brings together the knowledge base of Biltong USA and Stryve Foods respective teams of experts in the protein snack industry.

Biltong USA will continue to offer its products under its current brand while also producing for Stryve Foods. This acquisition is a significant move for Stryve Foods to become the number one name in Biltong.

"This is a major accomplishment for our young brand and a huge step towards bringing awareness about this amazing product to the U.S. We're ready to make huge strides in the meat snack industry," said Gabe Carimi, CEO of Stryve Foods.

Biltong is a form of dried, cured meat that originated in Botswana, South Africa, Zimbabwe and Namibia.

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