The leading ready-to-eat food provider Post Holdings, Inc entered into a agreement to acquire the Peter Pan peanut butter brand from Conagra Brand. Missouri based Post Holdings, is a consumer packaged goods holding company operating in the center-of-the-store, refrigerated, foodservice, food ingredient and convenient nutrition food categories.
- Peter Pan is an iconic, nationally recognized brand with a 100-year-old history and a diversified customer base across key channels. All Peter Pan peanut butter products are currently co-manufactured by 8th Avenue Food & Provisions, Inc., an affiliate of Post.
- Post is a leader in the North American ready-to-eat cereal category offering a broad portfolio including recognized brands such as Honey Bunches of Oats®, Pebbles, Great Grains® and Malt-O-Meal® bag cereal.
In May 2020, Healthy Choice, a brand of Conagra Brands, Inc. had launched a Power Dressings line featuring popular flavors including Creamy Ranch, Creamy Italian, Garden French and Greener Goddess, perfect for dressing up BBQ favorites from salads and veggies to dips and marinades.
In Nov 2019, Snack Pack, a brand of Conagra Brands, Inc. is a leader in shelf-stable puddings and gels1 is embarking on its first-ever co-branded partnership, teaming with Fanta, America’s No. 1 fruit-flavored sparkling soft drink brand.2 With the arrival of new Snack Pack Fanta Gels, consumers can enjoy these two beloved tastes together in three bold fruit flavors orange, grape and pineapple. Each has been developed with a taste profile that mirrors Fanta soft drinks. Fanta is a product of The Coca-Cola Company.
In Oct 2019, Conagra Brands, Inc. announced that it had completed the divestiture of the portion of its snacks business that operates under a Direct-Store-Delivery (DSD) model to Utz Quality Foods, LLC. The brands included in the sale are Tim’s® Cascade Snacks, Hawaiian® Snacks, Erin’s®, El Restaurante®, Snyder® of Berlin, Pop-N-Thin® and Husman’s®.
In Sep 2019, Conagra Brands, Inc. announced to build The Conagra Brands Center for Food Design in Chicago at 350 N. Orleans Street, located next to its existing headquarters in The Merchandise Mart. The new 40,000 square foot innovation center is an expansion of the company’s existing state-of-the-art Research & Development and Culinary capabilities and will focus on innovation related to snacking, one of the fastest-growing occasions in food.
About Conagra Brands
Chicago based Conagra Brands is one of leading packaged foods company. The company has presence in around 50 locations and providing employment opportunities to approximately 18,000 people globally. The company’s product portfolio consist of 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.