US-based snack food company Snyder's-Lance has completed the acquisition of Stateline Service, a snack food distributor in Massachusetts, for an undisclosed amount.
The acquisition is part of the company's strategy to strengthen its national distribution network.
S-L Distribution, a subsidiary of Snyder's-Lance president Ed Good said that through closer working relationships with key retailers, the company seeks to build on the successful business that Stateline has developed in the 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," Good added.
Stateline operates a DSD distribution system and distributes Snyder's-Lance branded products as well as several additional partner brand product lines.
The Stateline routes will join Snyder's-Lance DSD network providing a number of benefits including the ability to better service retail partners with the company's branded products while leveraging supply chain and other efficiencies.
