Conagra Brands, Inc. has announced that it has completed the divestiture of the Chef Boyardee brand to Hometown Food Company, a Brynwood Partners portfolio company. The transaction includes the manufacturing facility in Milton, PA, as well as all assets and operations dedicated to the Chef Boyardee shelf-stable products business with the exception of frozen skillet meals, which will be licensed by Hometown Food Company to Conagra. Read more
here.
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