News Release
ConAgra Foods Agrees to Acquire Del Monte Canada from an Affiliate of Sun Capital Partners
OMAHA, Neb.--(BUSINESS WIRE)--Jan. 17, 2012--
The agreement also includes a manufacturing facility in
ConAgra Foods’ agreement to acquire Del Monte Canada is based on its strategies to grow core businesses, expand into strategic adjacencies and build its international presence. The company recently acquired
“The acquisition of Del Monte Canada supports our strategic growth plan,” said
“We are excited to add Del Monte Canada’s operation to our business and build our presence in Canada,” said
About
About
Note on Forward-looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s current views and assumptions of future events and financial performance and are subject to uncertainty and changes in circumstances. We undertake no responsibility for updating these statements. Readers of this release should understand that these statements are not guarantees of performance or results. Many factors could affect our actual financial results and cause them to vary materially from the expectations contained in the forward-looking statements, including those set forth in this release. These factors include, among other things: availability and prices of raw materials, including any negative effects caused by inflation; the effectiveness of our product pricing, including any pricing actions and promotional changes; future economic circumstances; industry conditions; our ability to execute our operating and restructuring plans; the success of our innovation, marketing, and cost- saving initiatives; the competitive environment and related market conditions; operating efficiencies; the ultimate impact of any product recalls; our success in efficiently and effectively integrating acquisitions; access to capital; actions of governments and regulatory factors affecting our businesses, including the Patient Protection and Affordable Care Act; the amount and timing of repurchases of our common stock, if any; and other risks described in our reports filed with the
Source:
ConAgra Foods, Inc.
Media:
Jeff Mochal, 630-857-1513
Director, Communication & External Relations
Jeff.Mochal@ConAgraFoods.com
or
Investors:
Chris Klinefelter, 402-240-4154
Vice President, Investor Relations
Chris.Klinefelter@ConAgraFoods.com
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