USA: Campbell Soup to acquire Snyder’s-Lance
Campbell Soup, the leading US food manufacturer, has announced that it has entered into an agreement to acquire snacks firm Snyder’s-Lance in a deal worth $4.87 billion in cash. The deal, described as the largest in Campbell Soup’s history, is expected to create a combined entity with annual net sales in excess of $10 billion. Snyder’s-Lance […]
USA: Snyder’s-Lance to close snack facility
Snyder’s Lance, the US snacks firm, has announced the closure of a snack plant in Perry, FL as part of a “performance transformation plan”. As part of a move to “optimize the Company’s global manufacturing network”, the firm said that the plant was expected to close by September 2017. “This decision is intended to enable the […]
USA: Snyder’s-Lance completes the acquisition of Metcalfe’s Skinny
US-based snack manufacturer Snyder’s Lance has announced that the company’s Kettle Foods subsidiary has completed the acquisition of Metcalfe’s Skinny, a British producer of popcorn and rice cake products. Kettle Foods, which initially acquired a 26% stake in Metcafe’s Skinny last January prior to the acquisition of parent firm Diamond Foods by Snyder’s Lance, will […]
USA: Snyder’s–Lance acquires Diamond Foods for $1.2 billion
Snyder’s-Lance, the US snack firm, has announced that it has completed the acquisition of Diamond Foods, acquiring all outstanding shares of the company in a cash and stock merger deal. This deal will create a powerful international snack foods company with a diversified portfolio, Snyder’s Lance said, and will add brands such as Kettle potato […]