PHOENIX -- Inventure Foods Inc. has entered into a new long-term licensing agreement with TGI Friday's that will expand the TGIF's snack line to new product categories and international distribution. Inventure Foods will extend the TGIF snack brand into popcorn, corn snacks, snack mixes and tortilla chips. The new agreement extends the licensing partnership through 2024.
The licensing pact also allows for geographic expansion of the TGI Friday's snack food line into Canada, Mexico, Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, China, Taiwan, Japan, Philippines, United Kingdom, the European Union, Australia, New Zealand and Saudi Arabia.
Inventure Foods' line of TGI Friday's snacks first appeared in 2000 as ready-to-eat Potato Skins. The product line has since grown to include Jalapeno Poppers, Cheddar Cheese Crunchy Fries, Onion Rings, Mozzarella Sticks and other menu-inspired snacks. They are widely distributed in the vending, as well as in the club, grocery, value, convenience and mass merchandise channels.