Source: CHARLOTTE OBSERVER, 11/29/16


After buying Diamond Foods earlier this year, Charlotte-based snack maker Snyder’s-Lance is selling the California company’s nut business to a private equity firm called Blue Road Capital. The deal is expected to close by the end of this year. 
The deal will allow Snyder’s-Lance to focus its resources on growing its “core brands,” the company said in a statement Monday afternoon. 

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