CHARLOTTE, N.C. — Snyder's-Lance has acquired all assets of Stateline Service Corporation, a snack food distributor in Massachusetts, as part of its growth initiative.
"We're excited to expand our direct store delivery distribution network through this acquisition," said Ed Good, president of S-L Distribution Company, a subsidiary of Snyder's-Lance, Inc. "Through closer working relationships with key retailers, we expect to build on the successful business that Stateline has developed in this important geographic area. We see an opportunity to expand our DSD network, enhance service to retail customers and develop long term opportunities for our independent business owners in the region."
Stateline operates a DSD distribution system and distributes Snyder's-Lance Inc.'s branded products as well as several additional partner-brand product lines. The Stateline routes will be integrated with the company's extensive DSD network, providing a number of benefits including the ability to better service retail partners with the company's branded products while leveraging supply chain and other efficiencies. The purchase price was not disclosed.
Snyder's-Lance, headquartered in Charlotte, N.C., manufactures and markets snack foods throughout the United States and internationally. The company's products include pretzels, sandwich crackers, pretzel crackers, potato chips, cookies, tortilla chips, restaurant style crackers and nuts. Snyder's-Lance has manufacturing facilities in North Carolina, Pennsylvania, Iowa, Indiana, Georgia, Arizona, Massachusetts, Florida and Ohio as well as in Ontario, Canada. Products are sold under the Snyder's of Hanover, Lance, Cape Cod, Pretzel Crisps, Krunchers!, Tom's, Archway, Jays, Stella D'oro, Eatsmart, O-Ke-Doke, and Padrinos brand names along with a number of private label and third party brands. Products are distributed nationally through grocery and mass merchandisers, convenience stores, club stores, food service outlets and other channels.