Thursday, September 12, 2019 7:13:11 PM
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Conagra Brands
http://www.conagrabrands.com
https://www.conagrabrands.com/brands
https://www.conagrabrands.com/our-company/overview
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Conagra Brands
Completes Acquisition Of
Angie's Artisan Treats, LLC,
Maker Of
Angie's® BOOMCHICKAPOP®
Ready-To-Eat Popcorn,
From
TPG Growth
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CHICAGO, Oct. 23, 2017 /PRNewswire/ --
Today Conagra Brands, Inc.
(NYSE: CAG) announced that
it has completed the acquisition of
Angie's Artisan Treats, LLC,
the maker of
Angie's BOOMCHICKAPOP ready-to-eat popcorn,
from TPG Growth,
the middle market and
growth equity platform of alternative asset firm TPG,
for $250 million. The definitive agreement
to acquire Angie's was announced on September 22, 2017.
Sept. 22, 2017
https://www.conagrabrands.com/news-room/news-conagra-brands-enters-agreement-to-acquire-angies-artisan-treats-llc-maker-of-angiesr-boomchickapopr-ready-to-eat-popcorn-from-tpg-growth-prn-122607
The Angie's BOOMCHICKAPOP brand
was founded by
husband and wife entrepreneurs Dan and Angie Bastian,
who will continue to actively support the business
as part of Conagra Brands. The brand features
more than a dozen varieties of ready-to-eat popcorn
and is available nationwide in natural food,
grocery, club, drug and mass retail outlets.
Angie's BOOMCHICKAPOP
has a presence
in the U.S., Canada, South Korea, Peru,
the Caribbean and Mexico.
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®
Hunt's®
Healthy Choice®
Slim Jim® and Orville Redenbacher's®
as well as emerging brands,
including
Alexia®
Blake's®
Frontera® and Duke's®
offer choices for every occasion.
For more information, visit
https://www.conagrabrands.com/
https://www.conagrabrands.com/brands
About Angie's Artisan Treats, LLC
Husband and wife entrepreneurs
Dan and Angie Bastian
founded the snack company out of their garage
in 2001 in Mankato, MN as a means of
teaching their children the value of hard work
and creating a college fund for them.
They also wanted to create a snack
they felt good about feeding them.
Their gluten free, non-GMO whole grain popcorn
was rebranded from
Angie's to Angie's BOOMCHICKAPOP in 2012.
The popcorn
is proudly sold
in natural food, grocery, club,
drug and mass retail outlets nationwide
with a product presence in
Canada, South Korea, Peru,
the Caribbean and Mexico.
Angie's BOOMCHICKAPOP
is loved by fans as a positive,
empowered brand that makes real food
with simple ingredients and delivers a
hugely-flavorful taste experience.
About TPG Growth
TPG Growth
is the middle market and growth
equity investment platform of TPG,
the global alternative asset firm.
With more than $8.3 billion
of assets under management,
TPG Growth
targets investments in a broad range
of industries and geographies.
TPG Growth
has the deep sector knowledge,
operational resources, and global experience
to drive value creation, and help companies
reach their full potential.
The firm is backed by the resources of TPG,
which has more than $73 billion
of assets under management.
For more information, visit
https://www.tpg.com/platforms/tpggrowth
For more information, please contact:
MEDIA: Dan Hare
312-549-5355
daniel.hare@conagra.com
INVESTORS: Brian Kearney
312-549-5002
ir@conagra.com
SOURCE Conagra Brands, Inc.
Related Links
http://www.conagrabrands.com
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