Saturday, December 28, 2019 12:51:31 PM
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December 24, 2001
USA: ConAgra Foods acquires David sunflower seeds business
ConAgra Foods, Inc. (NYSE: CAG - news)
today announced that it has purchased
the David & Sons
sunflower seeds and snack business
from
Nestle USA, Inc.,
a subsidiary of Swiss-based Nestle S.A.
https://www.just-food.com/companies/nestle_id15
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David & Sons
produces sunflower seeds and related snacks
sold primarily through the retail and convenience channel
under the David's brand.
Products include a full variety of
in-shell and kernel sunflower seeds,
as well as pumpkin seeds
and toasted whole kernel corn snacks.
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Marty Thrasher,
president and chief operating officer,
ConAgra Retail Food Products Company, said,
"This acquisition is a good strategic fit
as the consumer and customer bases
for David's products parallels
those within a variety of our snack businesses.
The addition of the David's brand
to our high growth snack portfolio
of Orville Redenbacher's
and Act II popcorn
plus Slim Jim and Pemmican meat snacks
is very exciting."
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Brad Alford, president,
Nestle Confections & Snacks Division, said,
"Nestle
is committed to maintaining a leadership role
in confections around the world.
Upon careful review of our
U.S. Confections & Snacks portfolio,
we determined that it is best
to focus our efforts and resources
on the long-term growth of our core businesses."
David's two manufacturing facilities,
which are included in the transaction,
will continue to operate in Fresno, Calif.,
and St. Louis
with existing employees.
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ConAgra Foods, Inc.
is one of North America's
largest foodservice manufacturers
and retail food suppliers
https://www.conagrabrands.com/
https://www.davidseeds.com/
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For well over a century,
Nestle
has been making the very best
food and beverage products
for families around the world
https://www.nestleusa.com/
https://www.davidseeds.com/
https://www.just-food.com/news/conagra-foods-acquires-davidr-sunflower-seeds-business_id74977.aspx
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Contact
Kate Bahnsen
https://www.incaworldwide.com/our-story
https://www.linkedin.com/in/kate-bahnsen-915b2451
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CEO / Co-founder of
Inca Seeds and Snacks
702-490-5925
Medellin, Colombia
bahnsenkate@gmail.com
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