Snyder's-Lance

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Snyder's-Lance, Inc.
Public
Traded as NASDAQLNCE
S&P 400 Component
Industry Snack food
Founded December 6, 2010 (2010-12-06)[1]
Headquarters Charlotte, NC, U.S.
Key people
James Johnston, Chairman
Brian Driscoll, Interim CEO
Website www.snyderslance.com

Snyder's-Lance, Inc. is the second largest salty snack maker in the United States.[2] It was formed by the 2010 merger of Lance and Snyder's of Hanover.[1] On September 6, 2012, Snyder's-Lance agreed to acquire Snack Factory for $312 million. Snyder's-Lance expects the acquisition to close early fourth quarter.[3] On August 30, 2013, Snyder's-Lance acquired Stateline Service Corp. and no purchase price was disclosed.[4] 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.

Brands[edit]

The company's brands include Snyder's of Hanover, Lance, Kettle Brand (US), Kettle Chips (U.K.), Cape Cod Potato Chips, Late July Snacks, Diamond Nuts,[5] Emerald Nuts, Jays, Grande, Tom’s, Snack Factory, EatSmart Snacks, Archway, O-Ke-Doke, Pop-Secret, Padrinos, Krunchers!, and Stella D'oro.

References[edit]

  1. ^ a b "Lance, Inc. and Snyder's of Hanover, Inc. Announce Merger Completion (NASDAQ:LNCE)". Ir.lanceinc.com. Retrieved 2013-09-04. 
  2. ^ Scott-Thomas, Caroline (23 July 2010). "Snyder's-Lance merger creates no. 2 US salty snack company". Bakeryandsnacks.com. Retrieved 29 October 2014. 
  3. ^ "Snyder's-Lance Pacts To Acquire Snack Factory For $340M In Cash". Vending Times. September 6, 2012. Retrieved September 7, 2012. 
  4. ^ "Snyder's-Lance Acquires New England Distributor Stateline Service Corp.". Vending Times. August 30, 2013. Retrieved September 4, 2013. 
  5. ^ "Snyder's-Lance to Buy Diamond Foods for $1.27B". Fox Business. Retrieved 20 July 2016.