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 is a major snack food firm that is said to have leading market positions in categories …

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 now own the totality of the business. Commenting on the acquisition, Snyder’s-Lance president and Chief …

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 chips, Pop Secret popcorn, Emerald snack nuts & Diamond Of California culinary nuts to the …