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Snyder's of Hanover

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Snyder's of Hanover, Inc.
Company typeSubsidiary
IndustrySnack food
Founded1909
FounderHarry V. Warehime
Headquarters
Hanover, Pennsylvania
,
United States
Key people
Chairman: Michael Warehime
President and CEO: Carl Lee
[1]
ProductsSee products section
RevenueUS $652 Million
ParentSnyder's-Lance
WebsiteSnyders Of Hanover

Snyder's of Hanover is an American bakery and snack food distribution company based in Hanover, Pennsylvania, specializing in German traditional pretzels. Its products are sold throughout the United States, Canada, many European nations, Asia, and in the Middle East.[2] The bakery offers 25 varieties of traditional pretzels and in addition, pretzel pieces, pretzel sandwiches, chocolate-coated pretzels, organic and gluten-free pretzels, potato chips, and other snack foods.[3]

Corporate history

Snyder's of Hanover traces its roots to a bakery formed in Hanover, PA by Harry Warehime in 1909. In 1950, the company was split into two independent companies: Snyder's of Hanover and Snyder of Berlin. The Hanover Canning Company (later called Hanover Brands, and now Hanover Foods) purchased Snyder's of Hanover. Snyder's of Hanover was again spun off as an independent company in 1981. Snyder's of Hanover is no longer associated with Snyder of Berlin.[4]

In December 2007, Snyder's of Hanover acquired Jays Foods of Chicago, Illinois after they declared bankruptcy. Snyder's plans to continue making and distributing Jays' full line of snacks throughout the midwest market.[citation needed]

In 2010, a plan to merge with rival Utz Quality Foods was blocked by the U.S. Federal Trade Commission.[5] On July 22, 2010, it was announced that Snyder's of Hanover would be merging with Lance Inc. to create one of the largest snack food companies in the nation.[6] The merged company became Snyder's-Lance.

Products

A store display of Snyder's pretzels, including (clockwise from top) Butter Snaps (a cracker with rectangular pretzel mesh shape), plain Pretzel Snaps, Rod pretzels, dark "Homestyle" pretzels, and Honey Wheat Sticks.

Snyder's Of Hanover offers a variety of pretzels and some other snack food products. The company claims that all pretzel recipes descend from Snyder's original Hanover Olde Tyme Pretzel recipe. Representative pretzel products include minis, sourdough hards, hot buff wings, premium stick pretzels, flavored pretzel pieces, chocolate coated, and organic pretzel sticks. Snyder's also offers EatSmart Naturals, which includes veggie crisps, veggie sticks, soy crisps, cheese curls, sunflower chips, tortilla chips, salsas, and dips. It also offers peanut butter and cheddar cheese-filled pretzel sandwiches. Snyder's recently introduced a GFCO-certified gluten-free pretzel stick.

See also

References

  1. ^ "Snyders of Hanover yahoo company profile". Yahoo.com. Retrieved 2009-03-22.
  2. ^ Snyder's web FAQ.
  3. ^ Snyder's product list.
  4. ^ "Our Story". Snyder's of Hanover. Retrieved 24 January 2016. "Hanover Foods Corporation History". Retrieved 24 January 2016. "The Snyder of Berlin Story - Timeline". Snyder of Berlin. Retrieved 24 January 2016.
  5. ^ Sellers, Patricia (4 March 2015). "The secretive snack company that Warren Buffett loves". Fortune Magazine. Retrieved 23 January 2016.
  6. ^ Sentementes, Gus (22 July 2010). "Snyder's of Hanover to merge with N. Carolina snack maker Lance". The Baltimore Sun. Retrieved 22 July 2010.
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