Snyder's-Lance
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Snyder's-Lance, Inc. is the second largest salty snack maker in the
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...
. It was formed by the 2010 merger of Lance Inc. 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 Diamond Foods was an American packaged food company based in San Francisco, that marketed nuts (particularly walnuts and almonds) and other snack foods. Diamond Foods was acquired by Snyder's-Lance in 2016, and as of 2018, Campbell Soup Company ...
in a cash and stock merger transaction bringing
Kettle Brand Kettle Foods, Inc. is an American manufacturer of potato chips, based in Salem, Oregon, United States, with a European and Middle East headquarters in Norwich, United Kingdom. As of 2006 they were the largest natural potato chip brand in the U.S ...
,
Diamond of California Diamond Foods was an American packaged food company based in San Francisco, that marketed nuts (particularly walnuts and almonds) and other snack foods. Diamond Foods was acquired by Snyder's-Lance in 2016, and as of 2018, Campbell Soup Compan ...
, 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