Snyder's-Lance acquires snack food distributor
August 28, 2013
CHARLOTTE, N.C. — Snyder’s-Lance, Inc. has acquired Stateline Service Corp., a snack food distributor based in Massachusetts.
Snyder’s-Lance said the acquisition is part of the company’s plan to expand its national distribution network. Stateline has a D.S.D. distribution system and distributes Snyder’s-Lance products, and the routes will be integrated with the Snyder’s-Lance network.
“We’re excited to expand our direct-store delivery distribution network through this acquisition,” said Ed Good, president of S-L Distribution Co., a subsidiary of Snyder’s-Lance. “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 D.S.D. network, enhance service to retail customers and develop long-term opportunities for our independent business owners in the region.”
Terms of the transaction were not disclosed.