US: ConAgra exits seafood business
Packaged food company ConAgra has completed the divestiture of its seafood businesses, closing the sale of its Louis Kemp sarimi business to Trident Seafoods and Singleton Seafood, Meridian Seafood and remaining seafood brands to Singleton Fisheries. The terms of the deals were not disclosed.
As part of its plan to drive consistent and sustainable growth by focusing on areas where the company has the strongest competitive positions, ConAgra has now entirely exited the seafood business. The company also recently announced its intention to sell its cheese businesses as well as most of its refrigerated meats businesses.
Companies: ConAgra Foods
Food safety is a communal issue and responsibility. Some might say, though, that the final link in the supply chain is the most volatile of all. Consumers often flounder, causing their own problems, a...
Retail value sales of ready meals in the US slid 0.9% year-on-year to US$20.4bn in 2004. The decline was brought on by waning consumer interest in low-carbohydrate diets and many manufacturers found t...
Packaged foods company ConAgra Foods has announced the appointment of Robert F Sharpe Jr as the company's executive vice president for legal and regulatory affairs, a newly created position....
US food company ConAgra Foods has said it is introducing microwaveable soup bowls under its Healthy Choice brand....
Packaged food company ConAgra Foods Inc has reported a sharp rise in income for the first quarter ended 28 August 2005, reflecting a large gain on its sale of a stake in Pilgrim's Pride....
Packaged food company ConAgra Foods has announced that Gary M. Rodkin will be the company's new president and chief executive officer and a member of its board of directors beginning 1 October....
Packaged food company ConAgra Foods Inc has announced that Lou Nieto has joined as its president, Packaged Meats and Deli....
US packaged food company ConAgra Foods has said it has received notice of an unsolicited "mini-tender" offer, made by TRC Capital Corporation of Ontario, Canada, to purchase up to 3.5 million of ConAg...
- General Mills sales woes continue - analysis
- Why personalisation will take-off in US food
- Comment: Meal kits in US - don't believe the hype
- US food next wave on display at Winter Fancy Food
- Column: Kraft Heinz, Unilever and sustainability
- Unilever 'lining up spreads sale'
- UK own-label firm Park Cakes sold in MBO
- Immigration crackdown "risk" for US dairy industry
- BRF plant suspended amid bribery allegations
- Fonterra cuts earnings forecast