Southern icon Duke’s Mayo gets a Northern owner

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.
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.
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.
Advent International to acquire Duke’s Mayo owner Sauer Brands
The deal includes the brands Duke's Mayo, Mateo's Gourmet Salsa and Kernel Season's popcorn seasoning, among others.
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.
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.
Duke's Mayo parent company sold to private equity 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. In a statement, Advent International confirmed that Duke's Mayo was an important part of the deal,
Charlotte firm to sell Duke's Mayo owner Sauer Brands
A Charlotte private equity firm plans to sell the company that owns the iconic Duke's Mayo brand. 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,
Global equity firm buys parent company of Duke's Mayo, a Greenville SC original
Advent International, a global private equity investor, acquired Sauer Brands, the parent company of Duke’s Mayo, which began ...
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 ...
Business Wire4d
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 ...
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.
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 ...