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Article: Lance, Inc. to Purchase Stella D'oro Brand.
- Article from:
- PR Newswire
- Article date:
- September 8, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHARLOTTE, Sept. 8 /PRNewswire-FirstCall/ -- Lance, Inc. today announced that it has entered into an agreement with Stella D'oro Biscuit Co., Inc. to purchase the Stella D'oro brand as well as certain manufacturing equipment and inventory. Lance will manufacture the Stella D'oro products in its Ashland, Ohio bakery. The Company plans to close on the purchase early in the fourth quarter. Terms of the purchase agreement were not disclosed.
Established in 1932, Stella D'oro is a leading brand in the specialty cookie segment with a rich heritage and strong brand equity. Stella D'oro products include shelf stable cookies, breakfast treats, breadsticks and ...