ConAgra Foods Inc. (Omaha, Neb.) has acquired the pita chip business of Kangaroo Brands (Milwaukee, Wis.) in line with its strategy of growing its private label foods business. Kangaroo Brands is a leader in private label pita chips, generating approximately $20 million in annual revenue .
The acquisition includes a manufacturing facility and approximately 50 employees who joined ConAgra Foods. Kangaroo Brands will still own and market its pita bread and frozen sandwiches.
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