Southern icon Duke’s Mayo gets a Northern owner

Southern icon Duke’s Mayo gets a Northern owner as Charlotte firm reaches brands deal
In 2019, Falfurrias acquired condiment, sauce and spice manufacturer Sauer Brands, known for its Duke’s mayonnaise brand. Other brands include Mateo’s Gourmet Salsa and Kernel Season’s. Terms of that deal also were undisclosed.
Duke's Mayo owner Sauer Brands to be acquired
Advent International, a global private equity firm, has reached a deal to acquire Richmond-based Sauer Brands Inc., the company behind Duke's Mayo.
Charlotte firm to sell parent company of Duke's Mayo
Sauer Brands, the parent company of Carolina staple Duke's Mayo, is being sold by Charlotte-based Falfurrias Capital Partners to a private equity firm. In a statement, Advent International confirmed that Duke's Mayo was an important part of the deal,
Duke’s Mayo Parent, Sauer Brands, To Be Acquired by PE Firm Advent International
Falfurrias Capital Partners had been looking to sell the condiments and seasonings company, with McCormick & Co. even rumored in December to have had interest.
Advent Reaches Deal for Duke’s Mayo Owner Sauer Brands
Buyout firm Advent International has agreed to acquire Sauer Brands Inc., the owner of the Duke’s mayonnaise brand, from Falfurrias Capital Partners.
Parent company of Duke's Mayo sold to firm
Sauer Brands, the parent company of Carolina staple Duke's Mayo, is being sold by Charlotte-based Falfurrias Capital Partners to a private equity firm.
Duke’s Mayo owner to be sold by Charlotte firm
Advent International, a global private equity firm, has reached a deal to acquire Sauer Brands Inc., a company known for its portfolio of condiments and seasonings brands, from Charlotte-based Falfurrias Capital Partners.
Richmond BizSense1d
Locally-based spice and mayo maker Sauer Brands to be sold for second time in 5 years
The company, founded in Richmond in 1887 and known for Duke's Mayo and its landmark spice factory on Broad Street, will be ...
TMCnet1d
Oddball and Falfurrias Management Partners Announce Strategic Growth Partnership
Falfurrias Management Partners ("Falfurrias"), a private equity firm focused on growth-oriented, middle-market businesses, today announced its growth investment in Oddball, a leading digital services ...
Business Wire3d
Advent International to Acquire Sauer Brands, a Scaled Platform of Leading Condiments & Seasonings Brands
Advent International (“Advent”), a leading global private equity investor, today announced that it has signed a definitive agreement to acquire Sauer ...
PE Hub3d
Advent International to acquire Sauer Brands from Falfurrias
Advent International has agreed to acquire Sauer Brands Inc, a US-based platform of condiments and seasonings brands, from Falfurrias Capital Partners. No financial terms were disclosed. Sauer Brands ...
Maryland spice distributor McCormick reportedly looks to buy owner of Duke’s mayonnaise
Hunt Valley-based McCormick and Company is reportedly in talks to acquire Sauer Brands Inc. for over $1 billion.
Nasdaq23d
McCormick in talks to acquire Sauer from Falfurrias Capital, Bloomberg says
McCormick (MKC) is in talks to acquire Sauer Brands from Falfurrias Capital partners, Gillian Tan and Liana Baker of Bloomberg reports, citing people with knowledge of the matter. The ...