Nov
02
ConAgra Sells Private-Label Business for $2.7 Billion
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ConAgra headquarters in Omaha, Neb. CreditNati Harnik/Associated Press
It took a few years, slumping sales and an activist investor for ConAgra to change its mind about the private-label business.
In 2011, ConAgra was adamant about acquiring Ralcorp Holdings, at the time the largest manufacturer of private-label food in the United States. Its motivation largely centered on ConAgra’s desire to expand private-label business, which manufactured products under grocery store brands…
ConAgra Sells Private-Label Business for $2.7 Billion
