Diamond Foods facts for kids
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| Public company | |
| Traded as | NASDAQ: DMND |
| Industry | Consumer packaged goods |
| Fate | acquired; split up |
| Founded | 1912 |
| Defunct | 2016 |
| Headquarters | , |
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Area served
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100+ countries |
| Parent | Blue Road Capital |
Diamond Foods was an American packaged food company based in San Francisco, that marketed nuts (particularly walnuts and almonds) and other snack foods. Diamond Foods was acquired by Snyder's-Lance in 2016, and as of 2018, Campbell Soup Company owns Diamond Foods's former snack brands; Diamond of California, Diamond Foods's nut business, is owned by Blue Road Capital.
History
The company was founded in 1912 as Diamond Walnut Growers, Inc., a member-owned Californian agricultural cooperative association. In July 2005, Diamond Walnut Growers converted to a Delaware corporation and initial public offering of stock as Diamond Foods.
Diamond Foods brands
Diamond Foods has five product lines:
- Diamond Foods’ line of potato chips are sold under the Kettle Brand label in the United States and Kettle Chips brand in the United Kingdom. They are available in a variety of flavors, styles and package sizes.
- Diamond Foods’ snack nuts are sold under the Emerald brand, and include trail mix, roasted, glazed and flavored snack nut products and other snacks. The product line includes 100 Calorie pack sizes.
- Diamond Foods’ popcorn, in both kernels and various flavors of microwave popcorn, is sold under the Pop Secret brand. The product line includes Homestyle microwave popcorn and items such as 94% Fat Free and 100 Calorie snack size.
- In-shell and culinary nuts are sold under the Diamond of California brand. In-shell nuts are typically sold in grocery store produce sections during the winter holiday season. Culinary nuts are sold in the baking aisle of grocery, mass, club and other retailers.
- North American and International Ingredient and Food Service products include Diamond of California brand in-shell nuts, shelled and processed nuts, glazed nuts, and custom-processed nuts for food processors, restaurants, bakeries and food service companies and suppliers.
Each of the snack product lines has “better-for-you” options including 100-calorie packs, 94% Fat Free popcorn and both baked potato chips with 65% less fat than traditional potato chips and a reduced fat chip with 40% less fat.
Production
The company has about 1400 full-time employees in Wisconsin, Indiana, Tennessee, Alabama and the United Kingdom. Diamond does not grow any of its own crops; it purchases raw material from domestic and international sources. Diamond products are processed and packaged at facilities in Stockton, California; Salem, Oregon; Van Buren, Indiana; Beloit, Wisconsin; Robertsdale, Alabama; and Norwich in the United Kingdom.
