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M&A deals dip in December despite busy final week

just-food's index of mergers and acquisitions in the international packaged food sector highlights the volume of deals being announced, as c...

Why 2018 promises to be buoyant year for food M&A

The final days of 2017 saw a flurry of transactions in the international food sector, bringing to an end an active year of deal-making. This...

Dean Best | 4 Jan 2018

Campbell Soup Co., facing continued pressure on its core soup business in the US, has again used M&A to broaden its range, striking a deal to buy US snacks maker Snyder's-Lance. Snacks will become a larger component of Campbell's sales mix but integrating a business that has had its own issues in recent quarters will be a challenge. Dean Best reports.

Sally Lyons Wyatt, IRI | 13 Nov 2015

Snacking is a significant macro trend driving trends in the US market and demand for healthier products is on the rise. Sally Lyons Wyatt, executive vice president and practice leader for snacks at IRI, outlines the factors manufacturers operating in - or eyeing - the segment need to consider.

Hannah Abdulla | 29 Oct 2015

Distribution synergies and access to a wider better-for-you portfolio are two of the reasons industry experts have backed the move from Synder's-Lance for fellow US snacks group Diamond Foods. However, with Diamond having had a challenging few years financially, is the US$1.91bn cash-and-shares deal all Snyder's-Lance has made it out to be? Hannah Abdulla reports.

Hannah Abdulla | 26 May 2015

Busier lifestyles and a growing awareness of how diet can affect health has prompted a big shift in the way US consumers eat. This has been particularly felt by the sweets and snacks industries where manufacturers are having to innovate to meet evolving consumer demand.

Latest Interviews

Dean Best | 15 Sep 2014

US salty snacks group Wise Foods faces some stiff competition but under the ownership of Mexican Coke bottler Arca Continental it believes it can grow. With Arca eyeing rapid growth from its snacks businesses in the US and in South America, Wise Foods is looking to NPD - notably with Hispanic-inspired flavours - to drive sales. Dean Best discussed Wise Foods' strategy with CEO Miguel Bostock.

Latest News | 21 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.

Simon Harvey | 18 Dec 2017

Campbell Soup Co. has completed its sixth acquisition in five years after agreeing to buy US snacks maker Snyder's-Lance for US$50 a share in an all-cash transaction.

Simon Harvey | 18 Dec 2017

Campbell Soup Co. is said to now be in advanced talks to acquire US snacks firm Snyder's-Lance in a deal that could happen as soon as this week.

Simon Harvey | 15 Dec 2017

US snacks firm Snyder's-Lance is said to have hired an investment bank to look into an offer to buy the company from food peer Campbell Soup Co.

Andy Coyne | 26 Sep 2017

US snacks giant Snyder's-Lance has acquired UK popcorn manufacturer Cornpoppers for an undisclosed sum.

Dean Best | 11 Aug 2017

Snyder's-Lance is to cut more than a third of its branded SKUs as part of the US snacks maker's drive to improve its "below-average" margins.

Simon Harvey | 8 Aug 2017

US snacks business Snyder's-Lance today (8 August) booked higher second-quarter revenues but lower profits - and offered final details of its six-point "transformation" programme designed to boost operating margin and value to shareholders by 2020.

Andy Coyne | 26 Jul 2017

US snacks business Snyder's-Lance has announced it is to close a plant in Florida and cut its workforce worldwide by 250.

Andy Coyne | 24 Jul 2017

US snacks business Snyder's-Lance has revealed it is to upgrade facilities to the tune of US$20m at its Cape Cod Chips facility in Barnstable, Massachusetts.

Andy Coyne | 19 Jul 2017

US snack maker Snyder's-Lance has announced plans to expand its Baptista's Bakery facility in Franklin, Wisconsin.

Dean Best | 28 Jun 2017

US snacks group Snyder's-Lance has decided to give interim president and CEO Brian Driscoll the role on a permanent basis.

Helen Arnold | 27 Jun 2017

US snack group Snyder's-Lance has announced the launch of Dessert Thins, a range of sweet biscuits, under its Snack Factory brand, to appeal to health-conscious consumers who want to treat themselves to something indulgent without the associated guilt.

Dean Best | 8 May 2017

Snyder's-Lance interim CEO Brian Driscoll said today (8 May) the US snack maker was drawing up ways to "unlock substantial profitability" after confirming a first quarter of "difficult challenges" for the business and one which it caused to issue a profit warning last month.

Dean Best | 17 Apr 2017

US snacks group Snyder's-Lance today (17 April) announced president and CEO Carl Lee Jr had "retired" after 12 years with the Cape Cod and Kettle Chips owner.

Dean Best | 17 Apr 2017

Snyder's-Lance, the US-based snacks group, today (17 April) cut its forecast for its annual earnings after the company indicated its profits fell in the first quarter of the year.

Katy Askew | 17 Apr 2017

Amplify Snack Brands, the US snack maker, has filed a federal trademark infringement and unfair competition lawsuit against Snyder's-Lance over what it described as the "deceptive use and importation" of the SkinnyPop trademark. 

John Shepherd | 15 Mar 2017

Snyder's-Lance is set to launch a range of snack products in the US to meet "growing demand" in for healthier snacks.

Katy Askew | 17 Feb 2017

US snack maker Snyder's-Lance has invested in local natural and organic food specialist Natural Foodworks Group. 

John Shepherd | 13 Feb 2017

US snacks group Snyder's-Lance today (13 February) reported a 27% rise in annual sales, helped in the main by its acquisition of Diamond Foods last February.

Dean Best | 7 Feb 2017

Snyder's-Lance, the US snacks group, has launched the first organic version of its Snack Factory pretzel crisps in its domestic market.

Katy Askew | 6 Feb 2017

Canada-based organic food group SunOpta has named Diamond Foods executive David Colo as its new president and CEO. 

John Shepherd | 1 Dec 2016

US snack maker Snyder's-Lance is to invest US$38m to expand its Charlotte HQ and production facility in North Carolina, the state governor's office has announced.

John Shepherd | 29 Nov 2016

Snyder's-Lance is to sell the Diamond of California culinary nut business the US snack maker acquired last year through its acquisition of Kettle Chips maker Diamond Foods.

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