Key Takeaways: Conagra Brands has agreed to sell its Van de Kamp’s and Mrs. Paul’s brands to seafood producer High Liner Foods for $55 million. This move allows Conagra to focus on strengthening its core frozen offerings, as the two…
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Dive Brief: Conagra Brands has entered a definitive agreement to sell the Chef Boyardee brand to Hometown Food company, a part of private equity firm Brynwood Partners, for $600 million. Hometown will acquire a Pennsylvania plant and Chef Boyardee’s shelf-stable…
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Dive Brief: Unilever acquired The Vegetarian Butcher in 2018, experiencing significant growth and expanding globally to over 55 markets. However, under new CEO Fernando Fernandez, Unilever is streamlining its portfolio, leading to the decision to sell The Vegetarian Butcher. The…
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J.M. Smucker to Sell Voortman Cookie Brand for $305 Million J.M. Smucker has announced that it will be selling its Voortman cookie brand to Second Nature Brands, a U.S. maker of premium snacks, for $305 million in cash. The transaction…
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Tyson Foods, Inc. has recently reached an agreement to sell a poultry processing complex to House of Raeford Farms in a strategic move to optimize its plant network, as announced by the Arkansas-based company on Tuesday. The poultry complex located…