Convenience Store News - May 2018 - 22

INDUSTRY
ROUNDUP

Supplier
Tidbits

Campbell Soup Co.
has taken ownership
of Snyder's-Lance
Inc. Under the terms
of the $6.1-billion
deal, Campbell
acquired
Snyder's-Lance for
$50 per share in an all-cash transaction.
Ferrero Group
wrapped up its
$2.8-billion purchase
of the Nestlé USA
Confectionary business. Ferrero is now
the third-largest
chocolate company in the world.
Oberto Brands
is selling
substantially
all of its assets
and operating
divisions to

22 Convenience Store News C S N E W S . c o m

Premium Brands Holdings. The transaction is expected
to close by the end of May.
R.J. Reynolds Vapor Co.
voluntarily issued a nationwide safety recall of 2.6
million Vuse Vibe power
units. The move came after
consumer complaints about
malfunctioning batteries that
could cause the power unit
to overheat.

Vuse Solo and
Vuse Ciro, which
use different battery components,
are not included
in the recall.

PDI acquired Excentus, a provider
of loyalty and coalition marketing
solutions. The move adds more than
600 new customers to PDI's roster.
Imperial Brands plc is
streamlining its portfolio by selling its other
tobacco products division
in the United States. This
division includes a range of products such as roll-yourown brands, tubes, tips, and cigarette papers.


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Table of Contents for the Digital Edition of Convenience Store News - May 2018

Contents
Convenience Store News - May 2018 - Cover1
Convenience Store News - May 2018 - Cover2
Convenience Store News - May 2018 - 3
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Convenience Store News - May 2018 - Contents
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Convenience Store News - May 2018 - Cover3
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Convenience Store News - May 2018 - U1
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