Snyder's-Lance acquires Wisconsin bakery
A snack-food maker with a facility in York County said it has completed the acquisition of a Wisconsin bakery.
“The transaction supports efforts to sharpen focus on branded products in growth categories such as ‘better for you’ and other emerging products driven by consumer preferences and insights,” Snyder’s-Lance stated in a news release.
William Blair & Co. LLC acted as financial adviser, and Foley & Lardner LLP acted as legal counsel to Baptista’s in the transaction. K&L Gates LLP acted as legal counsel to Snyder’s-Lance.
Headquartered in Charlotte, N.C., Snyder’s-Lance has a manufacturing facility and a research and development operation outside Hanover. The company trades its shares on the Nasdaq under the ticker symbol LNCE.