Monday, 22 October 2018

 

The former owners of Hanover-area Snyder's-Lance, MAW Acquisitions LP, have purchased an Abbottstown-based (Pennsylvania, United States) snack company, G&S Foods/Tastysnack Quality Foods Inc.

Owned by Steve Garvick and Dale Spahr, and led by Tricia Warehime, the widow of late Snyder's-Lance Chairman Michael Warehime, MAW Acquisitions LP will retain the existing infrastructure of G&S Foods, but will be renamed G&S Foods LLC.

Terms of the transaction were not disclosed.

"Our family had just exited a snack food business in the community and wanted to put our knowledge back to work again locally," Warehime said in a press release.

New Jersey-based Campbell Soup completed a USD6bn deal to purchase Snyder's-Lance earlier this year. Campbell soup first announcement plans last December to buy Snyder's-Lance following months of speculation about a deal between the two food industry giants.

“We were only interested in selling the business if we could find the absolute best fit for our employees, our customers and our community,” Garvick said. “Tricia (Patricia A.) Warehime offered that opportunity through her family owner/operator experience with Snyder’s of Hanover, her shared knowledge and passion for the snack food industry, and her commitment to continued investment in our community.” 

G&S Foods/Tastysnack Quality Foods, Inc. is a leading co-packer and private label snack food manufacturer. They produce a wide variety of salty snacks and enrobed products. Their 110,000sqf operating facility in Abbottstown, PA, is located in south central PA, in the heart of the world's Snack Manufacturing Capital. 

Related articles: 

Campbell Soup Acquires Snyder’s-Lance 

Campbell Creates New US Snacking Unit 

Greg Campbell in Line to Succeed Lonnie Spokely as New NPPGA Chairman



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