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. and
Snyder's of Hanover.
The company is a subsidiary of
The Campbell's Company (known before November 2024 as the Campbell Soup Company).
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 entered to an agreement to accept
Campbell Soup Company
The Campbell's Company (doing business as Campbell's and formerly known as the Campbell Soup Company) is an American company, most closely associated with its flagship canned soup products. The classic red-and-white can design used by many Campbe ...
's offer to purchase the company. At time of the announcement, the purchase was valued at $4.9 billion. On January 18, 2023, Campbell Soup Company announced that the Campbell Snacks offices in
Charlotte, North Carolina
Charlotte ( ) is the List of municipalities in North Carolina, most populous city in the U.S. state of North Carolina and the county seat of Mecklenburg County, North Carolina, Mecklenburg County. The population was 874,579 at the 2020 United ...
, and
Norwalk, Connecticut
Norwalk is a city in Fairfield County, Connecticut, United States. The city, part of the New York metropolitan area, New York Metropolitan Area, is the List of municipalities of Connecticut by population, sixth-most populous city in Connecticut ...
, would be shut down with operations being consolidated at the company's headquarters in
Camden, New Jersey
Camden is a City (New Jersey), city in Camden County, New Jersey, Camden County, in the U.S. state of New Jersey. It is part of the Delaware Valley metropolitan region. The city was incorporated on February 13, 1828.Snyder, John P''The Story of ...
.
References
External links
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{{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's brands
Food and drink companies established in 2010
American companies established in 2010
2010 establishments in North Carolina