Lance, Diamond Foods reported to bid for Kettle Foods

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February 04, 2010

Source

Businessweek

Bloomberg/Businessweek reports that Lance Inc. and Diamond Foods Inc. are among the bidders for premium potato-chip maker Kettle Foods, referring to people familiar with the matter.

PepsiCo Inc. is also bidding, said the people, who asked not to be named because the talks are private. A deal may be announced in the next 30 days, one of the people said.

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Highlighted Company

Lance Inc.
Lance Inc merged with Snyder's of Hanover, Inc to become <a href="/Lists/Companies/DispForm.aspx?ID=562" target="_blank">Snyder's - Lance</a> The merger was announced in July 2010 and completed in December of 2010.
Frito-Lay North America (FLNA)
Frito-Lay North America (FLNA) includes Pepsico's snack operations in the United States and Canada where the company dominates the market with a range of savory snacks brands including Lay's, Ruffles, Doritos, Tostitos, Fritos, Cheetos and Sunchips
Cape Cod Potato Chips
US potato chip manufacturer focused on the production of kettle chips. Cape Cod potato chips is a subsidiary of Snyders - Lance Inc.
Kettle Brand
Kettle Foods Inc. is the manufacturer of Kettle Brand Potato Chips. The company was founded in 1978 in Salem (Oregon). In 1988 production was started in Norwich in the United Kingdom.

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