High Liner Foods Inc., a North American frozen seafood company, entered into a purchase agreement June 6 to acquire the Mrs. Paul’s and Van de Kamp’s brands of frozen breaded and battered fish products from Conagra Brands for $55 million, inclusive of about $36 million in inventory. The purchase price is subject to a customary inventory […]
Tag: Sean Connolly
Posted in, Home Page Latest News, Northeast, Suppliers
Conagra Brands Completes Acquisition Of Pinnacle Foods
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. […]
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 […]