Conagra Brands Completes Divestiture of Chef Boyardee® Brand to Hometown Food Company, a Brynwood Partners Portfolio Company

About this update from Conagra Brands, Inc.

CHICAGO , June 3, 2025 /PRNewswire/ -- Today Conagra Brands, Inc. (NYSE: CAG) announced that it has completed the divestiture of the Chef Boyardee ® brand to Hometown Food Company, a Brynwood Partners portfolio company. The transaction includes the manufacturing facility in Milton, Pa., as well as all assets and operations dedicated to the Chef Boyardee shelf-stable products business with the exception of frozen skillet meals, which will be licensed by Hometown Food Company to Conagra. About Conagra Brands Conagra Brands, Inc. (NYSE: CAG), is one of North America's leading branded food companies. We combine a 100-year history of making quality food with agility and a relentless focus on collaboration and innovation. The company's portfolio is continuously evolving to satisfy consumers' ever-changing food preferences. Conagra's brands include Birds Eye ® , Duncan Hines ® , Healthy Choice ® , Marie Callender's ® , Reddi-wip ® , Slim Jim ® , Angie's ® BOOMCHICKAPOP ® , and many more. As a corporate citizen, we aim to do what's right for our business, our employees, our communities and the world. Headquartered in Chicago , Conagra Brands generated fiscal 2024 net sales of more than $12 billion . For more information, visit www.conagrabrands.com . For more information, please contact: MEDIA: [email protected] INVESTORS: Matthew Neisius [email protected] View original content to download multimedia: https://www.prnewswire.com/news-releases/conagra-brands-completes-divestiture-of-chef-boyardee-brand-to-hometown-food-company-a-brynwood-partners-portfolio-company-302471923.html SOURCE Conagra Brands, Inc.

View stock analysis, news, and events for Conagra Brands, Inc.