Bread and bread products posted the biggest decline with launches down nearly 11% during the first 11 months of 2022. Crackers launches dipped just more than 2%. Innovation trends around specific health claims softened in 2022.
Although more consumers are opting for at-home eating, compared to years ago, CPG entrée manufacturers now compete for share of stomach with a much wider set at-home meal providers.
ConAgra Foods files form 10 registration statement for planned spin-off, announces key Lamb Weston leadership positions
July 14, 2016
The filing provides detailed information on Lamb Weston’s strategy, business and historical financial results and will be updated with additional information in subsequent amendments as part of the SEC review process.
The move includes includes brands such as Fleischmann’s, Blue Bonnet and Parkay
June 15, 2016
ConAgra Foods, Inc. announced today as of June 2, the company has discontinued the use of Partially Hydrogenated Oils (PHOs) in the manufacturing of all spreads in the company’s portfolio. This includes Fleischmann’s®, Blue Bonnet® and Parkay®.
Platinum Equity CEO Tom Gores said that he expects strong collaboration with ConAgra Foods
June 13, 2016
ConAgra Foods, Inc. and Platinum Equity, a California-based private equity firm, announced that they have entered into a definitive agreement for Platinum Equity to acquire ConAgra Foods’ JM Swank business, a national food ingredient sourcing and distribution company.
The agreement includes the transition of approximately 280 employees as well as facilities in Cranbury, N.J., and Carol Stream, Ill
May 24, 2016
ConAgra Foods, Inc. announced it has entered into a definitive agreement to sell its Spicetec Flavors & Seasonings business to Givaudan for approximately $340 million.
Under the terms of the agreement, ConAgra Foods sold the vast majority of its private label operations, which are classified as discontinued operations
February 3, 2016
ConAgra Foods, Inc. announced the completion of the sale of its private label operations to TreeHouse Foods for proceeds of $2.7 billion in cash, excluding transaction-related expenses and subject to post-closing adjustments.