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Conagra Brands Completes Divestiture Of Lender’s Bagel Business To Bimbo Bakeries USA, Inc.

January 2, 2020 GMT
Conagra Brands, Inc., headquartered in Chicago, is one of North America's leading branded food companies. (PRNewsfoto/Conagra Brands)
Conagra Brands, Inc., headquartered in Chicago, is one of North America's leading branded food companies. (PRNewsfoto/Conagra Brands)

CHICAGO, Jan. 2, 2020 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) announced that it has completed the divestiture of its Lender’s Bagel business to Bimbo Bakeries USA, Inc., a subsidiary of Grupo Bimbo S.A.B. de C.V. The transaction included the Lender’s brand and related intellectual property, the production facility in Mattoon Ill., and inventory.

About Conagra Brands
Conagra Brands, Inc. (NYSE: CAG), headquartered in Chicago, is one of North America’s leading branded food companies. Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. The company’s portfolio is evolving to satisfy people’s changing food preferences. Conagra’s iconic brands, such as Birds Eye®, Marie Callender’s®, Banquet®, Healthy Choice®, Slim Jim®, Reddi-wip®, and Vlasic®, as well as emerging brands, including Angie’s® BOOMCHICKAPOP®, Duke’s®, Earth Balance®, Gardein®, and Frontera®, offer choices for every occasion. For more information, visit www.conagrabrands.com.

For more information, please contact:
MEDIA:
Dan Hare
312-549-5355
daniel.hare@conagra.com

INVESTORS:
Brian Kearney
312-549-5002
ir@conagra.com

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SOURCE Conagra Brands, Inc.