Southern icon Duke’s Mayo gets a Northern owner

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.
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.
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.
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,
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 ...
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Fisher Investments Completes $3B Minority Stake Sale
Advent International and a unit of the Abu Dhabi Investment Authority have completed their $3 billion minority investment in Ken Fisher’s namesake firm, Fisher Investments.
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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 ...
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Plano-Based Fisher Investments Finalizes $3B Minority Stake Sale, Valuing Firm at Nearly $13B
Fisher Investments—which relocated its headquarters from Washington State to Plano in 2023—said the investment by Advent ...
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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 ...
Fisher Investments sells minority stake of up to $3 billion to Advent International
CORRECTION: An earlier version of this report referred to Advent International as a subsidiary of the Abu Dhabi ...