Feb 03/06: ConAgra Selling Meat Businesses
Category: News
Agri-business giant ConAgra Foods Inc. plans to sell most of its refrigerated meats businesses.
Business put up for sale include: Armour meats and hot dogs, Butterball turkey, and Eckrich smoked sausages, hot dogs and lunchmeats.
Luis Nieto, president, Packaged Meats and Deli, will continue to lead the combined meats business during the sale process, which is expected to take 10-12 months. The company said there will be service disruptions during the transition to new ownership.
Neither the company's Healthy Choice brand of meat, nor its Hebrew National, Brown 'N Serve, Slim Jim, and Pemmican businesses are included in the assets for sale.
Tags: meat conagra
Business put up for sale include: Armour meats and hot dogs, Butterball turkey, and Eckrich smoked sausages, hot dogs and lunchmeats.
Luis Nieto, president, Packaged Meats and Deli, will continue to lead the combined meats business during the sale process, which is expected to take 10-12 months. The company said there will be service disruptions during the transition to new ownership.
Neither the company's Healthy Choice brand of meat, nor its Hebrew National, Brown 'N Serve, Slim Jim, and Pemmican businesses are included in the assets for sale.
Tags: meat conagra