Portland-based Salt & Straw explores sale

PORTLAND, Ore. (KATU) — Salt & Straw is exploring a sale.

Reuters reports the iconic Portland-based ice cream chain could go for more than $200 million.

Since launching in Portland in 2011, Salt & Straw has spread to almost a dozen states.

It has brought in significant investors like Dwayne “The Rock” Johnson.

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Now, some are concerned that a private equity firm could buy the franchise and move the headquarters out of state or make other significant changes.

“Over the years, our investment partners have helped us grow while staying true to who we are,” the company said in a statement to KATU. “We are currently in the early stages of exploring a capital transaction, as we have at other points in our history, to support the next chapter of Salt & Straw’s growth.”