Snyder's-Lance completes acquisition of Diamond Foods

The deal was first announced in October 2015 and will grow net revenues at Snyder’s-Lance to USD 2.6 bn, according to the company. “Diamond Foods has been a powerful industry leader in snack foods with exceptional brands and we’re excited to bring these two great teams together,” said Carl E. Lee, Jr., President and CEO of Snyder’s-Lance. “With products that deliver exceptional taste, quality and innovation across our entire portfolio, we know the Diamond Foods brands will work perfectly alongside our Snyder’s-Lance lineup.” Diamond Foods snack brands such as Kettle Chips, Pop Secret popcorn, Emerald snack nuts and Diamond California culinary nuts set to drive Snyder’s-Lance portfolio more into the trending “better-for-you” and natural snack segment.