Do they still make Salerno butter cookies?
Salerno Cookie company is gone forever.
Who owns Salerno butter cookies?
Parmalat
Salerno’s new parent is Parmalat, a $6 billion-plus, Italy-based food and dairy giant that has been an active acquirer. Salerno, founded in 1933 as Salerno-Megowen Biscuit Co., for a long spell was an aggressive independent and a household name with consumers.
Who bought Salerno?
Nabisco
Nabisco bought Salerno’s 230,000-square-foot plant in north suburban Niles last October. For some time, the Nabisco plant will co-pack or manufacture the Salerno and Mama’s brands picked up in the acquisition, says Mike Blyth, Salerno’s new president and chief executive officer.
Does archway still make cookies?
Archway still manufactures its popular varieties of oatmeal cookies, and several of the popular products that were exclusive to Mother’s Cookies prior to their merger, including frosted Animal crackers.
Why did Archway cookies go out of business?
He reasoned that sham transactions allowed Archway, which was owned by a private-equity firm, Catterton Partners, to maintain access to badly needed money from its lender, Wachovia. Mr. Roberts’s investigation eventually caused Wachovia to pull its financing lines, helping to push Archway into bankruptcy last fall.
Who bought out Archway Cookies?
Lance Inc.
Archway Cookies is an American cookie manufacturer, founded in 1936 in Battle Creek, Michigan. Since December 2008, it has been a subsidiary of Lance Inc., a snack-food company, who in turn merged with Snyder’s of Hanover to form Snyder’s-Lance. Archway is best known for its variations of oatmeal cookies.
Did archway go out of business?
Mr. Roberts’s investigation eventually caused Wachovia to pull its financing lines, helping to push Archway into bankruptcy last fall. Two other food companies picked off much of its assets earlier this year for $42 million and are churning out the brands’ cookies again.
Is Archway still in business?
Archway Cookies is an American cookie manufacturer, founded in 1936 in Battle Creek, Michigan. Since December 2008, it has been a subsidiary of Lance Inc., a snack-food company, who in turn merged with Snyder’s of Hanover to form Snyder’s-Lance.
How much did Archway cookies sell for?
In 2000, Specialty sold the Mother’s and Archway brands to Parmalat Finanziaria, a division of Parmalat, for a reported US$250 million.
What kind of cookies does Archway make?
Classics: Archway’s 12 varieties of soft and crispy classic recipes, including Oatmeal Raisin, Frosty Lemon, Gingersnap and Windmill cookies. Chocolate Lovers: Archway’s four varieties of chocolate cookies, including Dutch Cocoa, Rocky Road, and the new Chocolate Chip, which launches in March.
