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ConAgra-Ralcorp Deal Creates Frozen PL Giant
date:Dec 03, 2012
In one of the biggest deals ever, ConAgra Foods, Omaha, Nebraska,is paying $5 billion for Ralcorp Holdings, St. Louis, Missouri,creating a behemoth with projected sales of $18 billion a yearincluding $4.5 billion in private label, more than four times what ConAgra has been making in that segment.

Ralcorp is best known for its private label cereal business,having sold off its branded lines. But it also has a stake infrozen foods, including Krusteaz frozen griddle products
(waffles, pancakes and

12/22 17:12