Lancaster Colony (LANC) “announced their planned acquisition of a sauce and dressing production facility located in Atlanta, Georgia from Winland Foods, Inc. This asset purchase transaction is expected to close in the first quarter of calendar year 2025, subject to customary closing conditions, with a purchase price of approximately $75 million. The production facility accounts for a total of approximately 300,000 square feet, of which approximately 250,000 square feet are designated for manufacturing.”
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LANC:
- Lancaster Colony raises quarterly dividend to 95c per share
- Lancaster Colony price target lowered to $227 from $232 at Loop Capital
- Lancaster Colony price target lowered to $196 from $200 at Stephens
- Lancaster Colony Sees Record Sales in First Quarter
- Lancaster Colony reports Q1 EPS $1.62, consensus $1.66