The Online Investor
Food & Beverage M&A image Food & Beverage M&A » By The Online Investor Staff, updated Wed., Aug. 5, 3:23 PM Recent mergers and acquisitions in the Food & Beverage M&A category.

Slide #2. Snyder's-Lance Inc. Baptista's Bakery Inc.

Acquirer: Snyder's-Lance Inc. (LNCE)
Acquiree: Baptista's Bakery Inc.
Details: Snyder's-Lance, Inc. (NASDAQ: LNCE) ("Snyder's-Lance") today announced a definitive agreement has been signed to acquire Baptista's Bakery, Inc. ("Baptista's"), an industry leader in baked snack foods and "better for you" snacks consistent with emerging consumer trends. They are the manufacturer of our fast growing Snack Factory Pretzel Crisps brand and have unique capabilities consistent with the innovation plans of Snyder's-Lance. This transaction supports efforts by Snyder's-Lance to sharpen its focus on our branded products in growth categories such as "better for you" and other emerging products which are driven by consumer preferences and insights.

Snyder's-Lance manufactures, distributes, markets and sells snack food products, including pretzels, sandwich crackers, kettle cooked chips, pretzel crackers, cookies, potato chips, tortilla chips, nuts, crackers, and other salty snacks. Additionally, Co. purchases certain cake products and meat snacks sold under its brands. Co.'s products are packaged in various single-serve, multi-pack and family-size configurations. Co.'s products are principally sold under trademarks owned by Co. Co. also sells Partner brand products, which consist of other third-party branded products that it sells to its independent business owners through its direct-store-delivery distribution network.

Open the LNCE Page at The Online Investor »

Company Name: 
Snyder's-Lance Inc
Website: 
www.snyderslance.com
Sector: 
Food & Beverage
 

Open the LNCE Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes



Hold (2.00 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Food & Beverage M&A - Slide 2 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2020, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.