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Conagra Brands completes Thanasi acquisition

foodprocessing-technology 2017-04-27
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Tag: food protein

Conagra Brands has completed the acquisition of protein-based snacking businesses Thanasi Foods and BIGS.

The businesses are collectively known as Thanasi.

The companies have not disclosed the financial details of the transaction, which was initially announced last month..

Conagra Brands president and CEO Sean Connolly said: "The addition of Dukes and BIGS is another move to reshape Conagras portfolio to be more premium and modern.

"We welcome the Thanasi team to Conagra and look forward to working together to grow the brands."

Upon closing of the transaction, the Dukes and BIGS brands will continue operating out of Boulder, Colorado, US.

Dukes is a meat snack brand offering products such as Dukes Smoked Shorty Sausages and Dukes Steak & Brisket Strips, while BIGS manufactures seed-based snack products such as jumbo in-shell sunflower seeds, sunflower seed kernels and roasted pumpkin seeds.

"We welcome the Thanasi team to Conagra and look forward to working together to grow the brands."

Conagra currently manages the Slim Jim and the DAVID Seeds brands.

The company offers brands such as Marie Callenders, Reddi-wip, Hunts, Healthy Choice, Slim Jim and Orville Redenbachers, as well as Alexia, Blakes and Frontera.

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