LANC to Acquire Atlanta-Based Sauce and Dressing Production Plant [Yahoo! Finance]
Lancaster Colony Corporation (LANC)
Last lancaster colony corporation earnings: 10/26 07:20 am
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US:NASDAQ Investor Relations:
lancastercolony.com/investors/events-and-presentations/default.aspx
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Source: Yahoo! Finance
Lancaster Colony expects to close the asset purchase transaction, valued at approximately $75 million, in the first quarter of calendar year 2025, subject to standard closing requirements. The facility covers around 300,000 square feet, with approximately 250,000 square feet allocated for manufacturing operations. Let us explore how this acquisition is expected to benefit LANC moving forward. Through this acquisition, LANC will strengthen its sauce and dressing operations by improving operational efficiency, increasing production capacity and enhancing proximity to key customers, while also bolstering the company's manufacturing network. After thoroughly evaluating several options, it determined that this asset purchase is the most practical and cost-effective solution to support continued growth and meet long-term needs. This move reinforces Lancaster Colony's position in the food manufacturing industry. By leveraging the strategic advantages of this acquisition, the company is
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News
- Q3 Earnings Outperformers: Lancaster Colony (NASDAQ:LANC) And The Rest Of The Shelf-Stable Food Stocks [Yahoo! Finance]Yahoo! Finance
- 14 Upcoming Dividend Increases, Including A King [Seeking Alpha]Seeking Alpha
- Is ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) a Strong ETF Right Now? [Yahoo! Finance]Yahoo! Finance
- Is Lancaster Colony Corporation's (NASDAQ:LANC) Recent Stock Performance Influenced By Its Fundamentals In Any Way? [Yahoo! Finance]Yahoo! Finance
- Lancaster Colony to acquire Winland Foods' sauces and dressings facility [Yahoo! Finance]Yahoo! Finance
LANC
Earnings
- 10/31/24 - Miss
LANC
Sec Filings
- 12/6/24 - Form 8-K
- 11/18/24 - Form 8-K
- 11/14/24 - Form SC
- LANC's page on the SEC website