Acquisitions and expansions: Conagra and more

Conagra set to buy Angie’s Artisan Treats

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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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