Snyder’s-Lance acquires Stateline Service Corp. assets
Snyder’s-Lance Inc., Charlotte, N.C., has acquired substantially all assets of Stateline Service Corp., a snack food distributor in Massachusetts. The acquisition is part of the company’s plans to continue growing and strengthening its national distribution network.
“We’re excited to expand our direct store delivery (DSD) distribution network through this acquisition,” says Ed Good, president of S-L Distribution Co., a subsidiary of Snyder’s-Lance Inc. “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 DSD network, enhance service to retail customers and develop long-term opportunities for our independent business owners (IBO) in the region.”