Snyder's-Lance, Inc. acquired by Campbell Soup Company
Campbell Soup Company acquired Snyder's-Lance, Inc., a US snacks; pretzels and savory snacks brand, on Mar 26, 2018.
Transaction summary
- Target
- Snyder's-Lance, Inc.
- Acquirer
- Campbell Soup Company
- Seller
- -
- Announced
- 2017-12-18
- Geography
- United States
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- 100%
- First added
- 2026-10-04
- Latest update
- 2026-10-18
Value and multiples
100% enterprise value
USD 6.1B
100% enterprise value | USD
Basis: Public source
Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.
EV / revenue
2.77x
Period: TTM Ended 30 September 2017
Basis: Derived from source data
EV / EBITDA
19.9x
EBITDA: normalised / adjusted
Basis: Public source
Amounts paid and other reported values
Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.
Consideration: USD 50
All-cash consideration per share; not aggregate consideration.
Basis
- US$6.1bn EV / US$2.2bn TTM net sales to September 2017 gives 2.77x. The issuer’s US$305m adjusted EBITDA estimate and reported 19.9x multiple use CY2017 forecasts before synergies.
Other reviewed estimates
Earlier estimates and their sources.
Source summary
Campbell to Acquire Snyder’s-Lance — transaction presentation
ConfirmedEnterprise value of $6.1 billion
Open sourceCampbell Soup Company Form 8-K — completion of Snyder’s-Lance acquisition
Confirmedcompleted the previously announced acquisition of Snyder's-Lance, Inc.
Open sourceCampbell Completes Acquisition of Snyder’s-Lance
Confirmedenterprise value of approximately $6.1 billion
Open sourceCampbell and Snyder’s-Lance acquisition announcement call transcript
Confirmedestimated adjusted EBITDA of Snyder’s-Lance for calendar year 2017 of $305 million
Open sourceContinue your research
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