Conagra Brands Completes Sales of Canadian Del Monte Business

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CHICAGO — Conagra Brands Inc. has completed its sale of Canadian Del Monte to the Bonduelle Group.

“We continue to reshape our portfolio and focus resources in areas that best support our business strategy and drive value creation for shareholders,” says Sean Connolly, president and CEO of Conagra Brands. “Del Monte is a strong brand in Canada with quality products and we believe the Del Monte processed-fruit and -vegetable business will continue to thrive under Bonduelle’s ownership.”

The transaction is valued at US$32 million.

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