M&A Deal Summary

Snyder s-Lance Acquires National Pecan

On February 29, 2016, Snyder s-Lance acquired food company National Pecan for 1.3B USD

Acquisition Highlights
  • This is Snyder s-Lance’s 6th transaction in the Food sector.
  • This is Snyder s-Lance’s largest (disclosed) transaction.
  • This is Snyder s-Lance’s 9th transaction in the United States.
  • This is Snyder s-Lance’s 1st transaction in California.

M&A Deal Summary
Date 2016-02-29
Target National Pecan
Sector Food
Buyer(s) Snyder s-Lance
Deal Type Add-on Acquisition
Deal Value 1.3B USD

Target

National Pecan

San Francisco, California, United States
National Pecan provides both in-shell and shelled pecans and pecan-based products around the world. National Pecan was founded in 1912 and is based in Stockton, California.

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Buyer(S) 1

Buyer

Snyder s-Lance

Charlotte, North Carolina, United States
Category Company
Founded 1912
Sector Food
Employees5,000
Revenue 1.7B USD (2016)
DESCRIPTION

Snyder's-Lance, Inc. is a manufacturer and marketer of snack foods throughout the United States and internationally. Snyder's-Lance products include pretzels, sandwich crackers, potato chips, cookies, tortilla chips, restaurant style crackers, nuts and other snacks. Products are distributed nationally through grocery and mass merchandisers, convenience stores, club stores, food service outlets and other channels.

DEAL STATS #
Overall 9 of 9
Sector (Food) 6 of 6
Type (Add-on Acquisition) 9 of 9
State (California) 1 of 1
Country (United States) 9 of 9
Year (2016) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-05-07 Lance Private Brands - Snyder’s-Lance

Burlington, Iowa, United States

Lance Private Brands, a private label manufacturer of cookies.

Sell $430M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-29 Diamond of California

Stockton, California, United States

Diamond of California produces walnuts, almonds, cashews, and pistachios.

Sell -
Mergr

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