Conagra Brands Inc. has completed its acquisition of Pinnacle Foods. The closing of the transaction follows the approval of Pinnacle Foods’ shareholders and satisfaction of all terms and conditions. Through the acquisition, Conagra Brands adds a number of well-known brands to its portfolio, including Birds Eye, Duncan Hines, Earth Balance and Vlasic, as well as emerging brands, such as Gardein, Glutino, Udi’s, Wish-Bone and Evol, among others. […]
Tag: Pinnacle Foods
Posted inSouthwest, Home Page Latest News, Industry News, Suppliers, Supply Chain News
Pinnacle Foods Expands Fayetteville, Arkansas, Facilities
Pinnacle Foods Inc., a consumer packaged foods company, has opened a 164,000-s.f. warehouse connected to its manufacturing building in Fayetteville, Arkansas, reports Area News Desk. Fayetteville is the company’s frozen meal hub, producing products such as Evol and Hungry-Man as well as Swanson pot pies for Canadian distribution and other frozen products. “The location of the […]
Posted inNortheast, Home Page Latest News
Conagra Brands To Acquire Pinnacle Foods In $10.9 Billion Deal
The board of directors of Conagra Brands and Pinnacle Foods Inc. have unanimously approved a definitive agreement under which Conagra Brands will acquire Pinnacle Foods in a cash and stock transaction valued at approximately $10.9 billion. Conagra says the transaction will expand its presence and capabilities in its most strategic categories, including frozen foods and snacks. With […]
Posted inNortheast
Pinnacle Discontinues Recalled Aunt Jemima Breakfast Products
Pinnacle Foods of Parsippany, New Jersey, announced this week that, in connection with the company’s ongoing portfolio review, it has decided to exit certain “low-margin and non-strategic” Aunt Jemima frozen breakfast products sold to retail and foodservice customers. The announcement follows the company’s voluntary recall last week that involved Aunt Jemima and Hungry Man brand frozen […]