Snacks division president says brand has “experienced exponential growth.”

Market is just beginning to price in record cocoa costs.

Acquisition will expand the company’s position in cakes and pastries.
 

These snacks include potato chips, pretzels, pork skins and more.

Calderoni joins Kind Snacks from Mars Pet Nutrition, Canada.

Management is trying to improve the contribution of innovation to overall company performance.
 

Private label manufacturer offers wide range of savory snacks in European market.

Industry observers waiting to see the benefits of the changes.
 

The new name must be approved by shareholders.
 

Transaction includes facility in La Salle, Ill.