Snyder’s-Lance sells Diamond of California culinary nut business
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.
Diamond Foods
Snyder’s-Lance Q2 results shaped by Diamond Foods deal
Snyder’s-Lance, the US snacks group, has reported higher underlying sales and earnings, helped by its recent acquisition of Diamond Foods, although the company posted a mixed performance from its core business.
Snyder’s-Lance sales boosted by Diamond
Snyder's-Lance, the US snacks group, today (10 May) booked higher first-quarter sales boosted by the inclusion of revenue from the recently-acquired Diamond Foods.
The food industry in 2016 – the trends that will drive M&A
Looking to 2016, it seems likely many of the trends that drove a bumper year of deal-making will persist over the next 12 months - consolidation, health, simple foods and emerging markets.
The year in review – the news that shook the food industry in 2015
The creation of Kraft Heinz was the stand-out M&A story of the year, although there were plenty of other significant deals, including JBS's move for European meat group Moy Park, the sale of Quorn Foods to Philippines-based Monde Nissin and Nomad Foods' two transactions in European frozen food. Elsewhere, Nestle was rocked by the Maggi recall in India, while it and a number of other companies - including Hershey - suffered amid China's economic slowdown.
Diamond to launch Kettle Uprooted in the US
Diamond Foods is extending its potato chip brand Kettle in the US with the launch of a line of root vegetable snacks, Kettle Brand Uprooted. The line will consist of…
Diamond Foods launches Kettle wholegrain, lentil snacks in UK
Diamond Foods is launching a range of wholegrain and lentil snacks in the UK under its Kettle brand. Kettle Bites are marketed as a healthier option aimed at female consumers…
Diamond Q1 sales hit by poor nut performance
Diamond Foods has reported lower sales for the first quarter despite a boost in net income on the back of lower taxes. For the first quarter ending 31 October, net income…
Diamond Foods takes walnut line Non-GMO
Newly acquired Diamond Foods has announced its entire line of culinary nuts, diamond of California, has obtained Non-GMO Project Verification. The line includes whole, halved, chopped, finely diced and chips walnut…
Food industry quotes of the week – WHO meat study, Snyder’s-Lance, Bonduelle
This week the World Health Organization confirmed findings of a link between processed meat consumption and colorectal cancer - sparking fierce debate in and around the industry. Elsewhere, Snyder's-Lance agreed…
Snyder’s-Lance sees qualified analyst praise for Diamond deal
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,…
