Around the Net
Hershey, Campbell Expand Snack Portfolio
- Fortune, Tuesday, December 19, 2017 8 AM
Campbell Soup Company is acquiring Snyder’s-Lance for nearly $5 billion, and the Hershey Company is buying Amplify Snack Brands in a deal valued at about $1.6 billion. Snyder’s-Lance is home to Snyder’s of Hanover, Lance, Kettle, Cape Cod, Pop Secret, and Late July. Amplify, meanwhile, is the company behind the likes of Skinny Pop, Tyrrells, Oatmega, and Paqui. More than 90% of Americans snack every day.
