Potato, corn and fruit chips all see gains as snack producers seek new ingredients and processing management tactics to gain an edge in this mature, competitive segment.
Consumer demand for portable, single-serve and on-trend baked goods and snacks continue to drive innovation in slicing, cutting and portioning equipment.
Snyder’s-Lance will acquire all outstanding shares of Diamond Foods for approximately $1.91 billion. The transaction is expected to close in early 2016.