Nutrition Capital Network


Nutrition Capital Network news: ConAgra buys kangaroo pita chip business

Nutrition Capital Network facilitates financing and asset sales for growing companies and introduces investors to the next generation of successful brands & technology in the nutrition and health & wellness industries. Below is news from June.

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.

Disclaimer: NCN does not warrant the accuracy, reliability, or timeliness of any NCN news item. Before relying on any NCN News item the information should be independently verified.

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