Snyder's-Lance Inc
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Snyder's-Lance, Inc. is the second largest salty snack maker in the United States. It was formed by the 2010 merger of
Lance Inc. Lance is an American brand of snack foods owned by the Snyder's-Lance company headquartered in Charlotte, North Carolina. As of 2018, Snyder's-Lance is owned by Campbell's. Merger On July 22, 2010, Lance announced that it would merge with Snyder's ...
and
Snyder's of Hanover Snyder's of Hanover is an American bakery and pretzel brand distribution company based in Hanover, Pennsylvania, specializing in German traditional pretzels. Its products are sold throughout the United States, Canada, many European nations, Asia, ...
. The company is a subsidiary of the
Campbell Soup Company Campbell Soup Company, trade name, doing business as Campbell's, is an American processed food and snack company. The company is most closely associated with its flagship canned soup products; however, through mergers and acquisitions, it has gro ...
.


History

On September 6, 2012, Snyder's-Lance agreed to acquire Snack Factory for $312 million. Snyder's-Lance expected the acquisition to close early fourth quarter. On August 30, 2013, Snyder's-Lance acquired Stateline Service Corp. and no purchase price was disclosed. In 2016, Snyder's-Lance acquired Diamond Foods in a cash and stock merger transaction bringing Kettle Brand, Diamond of California, Pop-Secret and other snack brands under the Snyder's-Lance umbrella. On December 18, 2017, the company announced it had accepted
Campbell Soup Company Campbell Soup Company, trade name, doing business as Campbell's, is an American processed food and snack company. The company is most closely associated with its flagship canned soup products; however, through mergers and acquisitions, it has gro ...
's offer to purchase the company. At time of the announcement, the purchase was valued at $4.9 billion.


References


External links

* {{Campbell Soup Company Companies based in Charlotte, North Carolina Snack food manufacturers of the United States Companies formerly listed on the Nasdaq 2018 mergers and acquisitions Campbell Soup Company Food and drink companies established in 2010 American companies established in 2010 2010 establishments in North Carolina