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Food & Beverage M&A image Food & Beverage M&A » By The Online Investor Staff, updated Tue., Aug. 11, 8:54 AM Recent mergers and acquisitions in the Food & Beverage M&A category.

Slide #99. Snyder's-Lance, Inc. Snack Factory, LLC

Acquirer: Snyder's-Lance, Inc. (LNCE)
Acquiree: Snack Factory, LLC
Details: 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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Company Name: 
Snyder's-Lance Inc
Website: 
www.snyderslance.com
Sector: 
Food & Beverage
 

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