May 1, 2023Flagstone Foods acquires Emerald Nuts from Campbell Soup Company
Flagstone Foods, a manufacturer and distributor of private label snack nuts and trail mixes in North America, announced that it has acquired Emerald Nuts from Campbell Soup Company, adding the snack nut brand to Flagstone’s portfolio.
As a healthy snack manufacturer, Flagstone operates three plants:
- Robersonville, North Carolina
- El Paso, Texas
- Dothan, Alabama
Flagstone’s more than 800 team members source, process, package and distribute nuts, trail mixes and other snacks to premier retail customers across the country. The company was acquired by Atlas Holdings in 2019 and in late 2022 hired CEO Harry Overly to accelerate the company’s growth as a snacking solutions provider.
“Flagstone Foods has long been trusted by the nation’s premier retailers to provide the highest quality snacks. Adding Emerald Nuts to our portfolio establishes a new avenue for Flagstone to service our customers with innovative snack products and unites two industry leaders with a shared commitment to the highest levels of product quality and innovation,” Harry Overly, chief executive officer of Flagstone Foods, said. “Our Flagstone team is excited to welcome Emerald as a transformative acquisition to our portfolio and we’re looking forward to continuing to drive growth for both Flagstone and our retail partners.”
Willkie Farr & Gallagher LLP served as legal advisor and Piper Sandler & Co. served as financial advisor to Flagstone.