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Pinnacle Foods Inc

On October 26, 2018 Conagra Brands, Inc. (NYSE: CAG) announced the successful completion of its acquisition of Pinnacle Foods (NYSE: PF). 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 iconic 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.

Sean Connolly, president and chief executive officer of Conagra Brands:

“Expanding Conagra Brands' portfolio through the acquisition of Pinnacle Foods creates a tremendous opportunity to drive profitable growth and shareholder value by further leveraging our proven approach to innovation, brand-building, operational excellence and deep customer relationships.”

“We are excited to combine the Pinnacle and Conagra Brands portfolios in the attractive frozen meals and snacks and sweet treats categories. The complementary brands, operations and results-oriented cultures will help facilitate an effective integration and the continued transformation of Conagra Brands.”

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Company Description
A Subsidiary of:
Pinnacle Foods Inc. is a manufacturer, marketer and distributor of branded food products in North America.

The Company operates in three segments: the Birds Eye Frozen Division, the Duncan Hines Grocery Division and the Specialty Foods Division. All savory snacks activities are part of the Specialty Foods Division.
News for this Company
Contact Information
399 Jefferson Road
Parsippany, NJ 07054
United States
+1 (302) 655-5049

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