The U.S. retail snack industry is currently valued at nearly $40 billion, accounting for sales of salty snacks like chips, popcorn, pretzels, puffed/extruded snacks and tortilla chips, as well as crackers, frozen grain-based snacks and appetizers like pizza rolls, and snack mixes and nuts.
Campbell Soup Company and Snyder’s-Lance today announced that the companies have entered into an agreement for Campbell to acquire Snyder’s-Lance for $50.00 per share in an all-cash transaction.