Snyder's-Lance Acquires Mass. Snack Distributor
LUDLOW, Mass. -- Snyder’s-Lance Inc. acquired substantially all the assets of Stateline Service Corp., a locally based snack food distributor. The acquisition is in line with Snyder’s-Lance’s plans to continue growing and strengthening its national direct-store delivery (DSD) distribution network.
“Through closer working relationships with key retailers, we expect to build on the successful business that Stateline has developed in this important geographic area,” said Ed Good, president of S-L Distribution Co., a subsidiary of Charlotte, N.C.-based Snyder’s-Lance. “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.”
Over the years, Snyder’s-Lance has developed its DSD network through a combination of selective acquisitions and organic growth. The company manufactures and markets snack foods 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 brands, along with a number of private label and third-party brands.
Stateline operates a DSD distribution system and distributes Snyder’s-Lance branded products, in addition to several partner-brand product lines. The Stateline routes will be integrated with Snyder’s-Lance’s already extensive DSD network, providing the ability to better service retail partners with the company’s branded products while leveraging supply chain and other efficiencies, the company stated.