Lance, Inc. (LNCE) said it completed the previously announced purchase of the Stella D'oro brand as well as certain manufacturing equipment and inventory from Stella D'oro Biscuit Co., Inc. Terms of the purchase agreement were not disclosed.
Lance used available liquidity under its current credit facilities to fund the acquisition.
Stella D'oro is a brand in the specialty cookie segment.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.