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Conagra Brands Completes Divestiture Of DSD Snack Business To Utz Quality Foods

CHICAGO -- Conagra Brands Inc. has completed the divestiture of the portion of its snacks business that operates under a direct store delivery (DSD) model to Utz Quality Foods LLC. Financial terms of the deal, announced in September , were not disclosed. The brands included in the sale are Tim's Cascade Snacks, Hawaiian Snacks, Erin's, El Restaurante, Snyder of Berlin, Pop-N-Thin and Husman's. Conagra Brands acquired the DSD snacks business in October 2018 as part of its acqu...

October 21, 2019 by Emily Jed

CHICAGO -- Conagra Brands Inc. has completed the divestiture of the portion of its snacks business that operates under a direct store delivery (DSD) model to Utz Quality Foods LLC. Financial terms of the deal, announced in September, were not disclosed.

The brands included in the sale are Tim's Cascade Snacks, Hawaiian Snacks, Erin's, El Restaurante, Snyder of Berlin, Pop-N-Thin and Husman's.

Conagra Brands acquired the DSD snacks business in October 2018 as part of its acquisition of Pinnacle Foods.

ConAgra said snacking will continue to be a critical part of its overall growth strategy. Following the transaction, Conagra Brands has a $2 billion snacking portfolio, with both large, iconic brands and fast-growing, emerging brands across meat snacks, seeds, popcorn, sweet treat and specialty categories.