Snyder’s of Hanover has transitioned its main pretzel bakery in Hanover, Pennsylvania, to a peanut-free production facility to accommodate consumer demand for snacks free of the allergen.
Golden Enterprises, Inc. (the “Company”) and Utz Quality Foods, Inc. of Hanover, PA (“Utz”) announced that they entered into a definitive merger agreement on July 18, 2016, pursuant to which Utz will acquire the Company and Company stockholders will receive $12.00 per share in cash.
The past two years in particular have seen much stronger market growth due to double-digit gains in the meat snack and trail mix categories in 2014, and stronger growth in snack bars in 2015.