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Slide #99. Snyder's-Lance, Inc. — Snack Factory, LLC
Snyder's-Lance, Inc. (LNCE)
Snack Factory, LLC
Snyder's-Lance, Inc. announced the completion of its acquisition of Snack Factory, LLC from VMG Partners, first announced on September 5, 2012. The transaction, which includes the fast growing Pretzel Crisps brand, provides entry into the deli-bakery section of grocery stores, an attractive and growing retail area for snacks.
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.
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Hold (2.00 out of 4)
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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