Snyder’s-Lance enters distribution agreement with Inventure Foods
Snyder's-Lance Inc., Charlotte, N.C., enters into a distribution agreement with Inventure Foods Inc., Phoenix, which provides a unique opportunity for both companies. In recent years, Snyder's-Lance has developed its Direct Store Delivery (DSD) network through a blend of selective acquisitions and organic growth. By collaborating with Inventure, Snyder's-Lance will expand the network in the southwestern U.S. and increase route volumes with new partner brands, while Inventure's specialty food brands will benefit from wider distribution of a national DSD network of more than 3,000 routes. Terms of the agreement were not disclosed.
The agreement also provides that Snyder's-Lance will assume a number of independent business-owner routes from Inventure in the Arizona area, which supports the Snyder's-Lance strategic plan to continue growing and strengthening its national DSD distribution network. At the same time, Inventure will receive access to the growing Snyder's-Lance distribution network with expanded opportunity as a key partner brand.