US snack group Lance has sealed the acquisition of cookie brand Stella D’oro.
Lance, which has a portfolio including the Archway and Mother’s Cookies brands, said yesterday (13 October) that it had bought “certain manufacturing equipment and inventory” from Stella D’oro Biscuit Co.
The company declined to reveal the financial details around the deal.
Lance will issue its third-quarter results on 30 October.
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By GlobalData