Conagra Brands Completes Sale Of Its Canadian Del Monte® Processed Fruit And Vegetable Business To Bonduelle Group
CHICAGO, July 4, 2018 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: 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. (NYSE: 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.
SOURCE Conagra Foods