Conagra Brands Completes Sale Of Its Canadian Del Monte® Processed Fruit And Vegetable Business To Bonduelle Group
PR Newswire
CHICAGO, July 4, 2018
CHICAGO, July 4, 2018 /PRNewswire/ -- Today Conagra Brands, Inc. CAG announced that it has completed the divestiture of its Canadian Del Monte processed fruit and vegetable business to Bonduelle Group. The transaction is valued at approximately CA$43 million, which is approximately US$32 million at the current exchange rate.
About Conagra Brands
Conagra Brands, Inc. CAG, headquartered in Chicago, is one of North America's leading branded food companies. Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. The company's portfolio is evolving to satisfy people's changing food preferences. Conagra's iconic brands, such as Marie Callender's®, Reddi-wip®, VH®, POGO®, Hunt's®, Healthy Choice®, Slim Jim® and Orville Redenbacher's®, as well as emerging brands, including Alexia®, Blake's®, Frontera®, Duke's® and Angie's® BOOMCHICKAPOP®, offer choices for every occasion. For more information, visit www.conagrabrands.com.
For more information, please contact:
MEDIA:
Dan Hare
312-549-5355
Daniel.hare@conagra.com
INVESTORS:
Brian Kearney
312-549-5002
ir@conagra.com
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SOURCE Conagra Foods
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