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Acquisitions and expansions: Conagra and more

Conagra set to buy Angie’s Artisan Treats

Pfw 7041 Conagra Brands Logo2

Conagra Brands is acquiring Angie’s Artisan Treats, known for its Angie’s Boomchickapop popcorn, in an effort to revamp its portfolio by adding fast-growing brands. Details of the purchase have not been revealed, but Conagra is expecting to finalize the deal by year’s end.

 

Nestlé Purina is investing $320 million in a new manufacturing facility and distribution center located in Hartwell, GA. The move is projected to create up to 240 jobs over the next five years.

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