Snack food manufacturer Snyder's-Lance Inc., Charlotte, N.C., signs agreements to acquire Baptista’s Bakery in Wisconsin and to sell its Private Brands and two manufacturing facilities to Shearer’s Foods in Ohio. The transactions are expected to close in the 2014 second quarter.
The Chicago-based bakery opens a 2,000-sq.-ft. R&D center within its Schaumburg, Ill., facility. The state-of-the-art center will further Gonnella’s commitment to improving processes and develop products for changing market demands.