Headquartered in Salt Lake City, UT, Blue Chip Group Inc. (“BCG” or the “Company”) is a consumer goods and packaging company focused on dry foods and beverage products. It operates its own brand of emergency preparedness dry foods, as well as provides private label and co-manufacturing services to emerging and blue-chip customers. The Company’s clients range from emerging brands, nationwide club stores, large big box stores, and leading online retailers; it divides its operations into two divisions Emergency Preparedness (76% FY’ 21E Revenue) and Contract Manufacturing (24%).
The Company was founded in 1972 by the late Phil Augason as a producer of whey based dry milk alternative. Since then, BCG has expanded to include a multi-product dry food line and added beverage and nutrition co-manufacturing capabilities in 2019.
|Date of Investment||November 2021|