Articles from Sauer Brands, Inc.

Sauer Brands, Inc. (“Sauer Brands”), a leading food company known for iconic brands including Duke’s Mayonnaise and Mateo’s Gourmet Salsa, and Watkins, LLC ("The Watkins Company"), a leading flavor company specializing in spices, seasonings, extracts and baking decorations, today announced that the companies have entered into a definitive agreement for Watkins to acquire Sauer Brands’ spice business, which includes Kernel Season’s, Spice Hunter and Sauer’s branded spices and seasonings, along with other spice-related private label and foodservice businesses. Sauer Brands’ mayonnaise and condiment products, including those sold under the Sauer’s name, are not part of the transaction and will remain with Sauer Brands. The companies expect the transaction to close by the end of the third quarter of 2026, subject to customary closing conditions. The financial terms of the deal were not disclosed.

Sauer Brands, Inc., a leading food company, today announced key leadership appointments that will support the Company’s continued robust growth, expanded distribution, and strategic transformation: Jeremiah Ashukian has been appointed Chief Financial Officer, effective July 14; Wendy Fiel joined as General Counsel, effective June 30; Tom Lee has been named Chief Strategy and Transformation Officer, effective July 14.