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Conagra Brands Enters Into Definitive Agreement to Divest the Chef Boyardee Brand

Conagra Brands, Inc. has announced that it has entered into a definitive agreement with Hometown Food Company, a portfolio company of Brynwood Partners, to divest its line of Chef Boyardee brand shelf-stable products. The sale price is $600 million in cash and is expected to close in Q1 of Conagra's fiscal year 2026. Read more here.

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The Convenience Distribution Association (CDA) is the trade organization working on behalf of convenience products distributors in the United States. Its distributor members represent more than $102 billion in U.S convenience product sales, serving a wide variety of small retail formats. Associate members include leading convenience product manufacturers, brokers, retailers, suppliers and others allied to the industry.

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