Conagra Brands: brands it owns and its ownership tree
Conagra Brands (NYSE: CAG) is a publicly listed company headquartered in Chicago, Illinois, United States that owns 17 consumer brands, and has 2 recorded transactions.[1]
Conagra Brands began in 1919 as Nebraska Consolidated Mills, a flour miller, and spent decades assembling a portfolio of frozen and shelf-stable food brands. It sold its private-label business in 2016 to focus on brands, then bought Pinnacle Foods in 2018 to add Birds Eye and Duncan Hines.
Conagra acquired Pinnacle Foods in a cash and stock deal, adding Birds Eye, Duncan Hines and Vlasic. Conagra sold its Wesson oil brand to satisfy competition concerns, and Pinnacle had been an acquisition target for several years before the deal closed.
Conagra separated its frozen potato business as Lamb Weston, distributing shares to Conagra shareholders. The two businesses had little in common: one supplied restaurants with commodity potato products, the other sold branded food in supermarkets, and each was valued differently by investors.
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Frequently asked questions
What brands does Conagra Brands own?
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Conagra Brands owns 17 consumer brands tracked here, including Birds Eye (North America), Chef Boyardee, Slim Jim, Marie Callender's, Reddi-wip and Vlasic.
Is Conagra Brands an American company?
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Yes. Conagra Brands is headquartered in Chicago, Illinois, United States and was founded in 1919.
Who owns Conagra Brands?
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Conagra Brands is a publicly listed company owned by its shareholders; it trades as CAG on the NYSE.
What was Conagra Brands' most recent acquisition?
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The most recent completed acquisition recorded here is Birds Eye (North America), Duncan Hines, Vlasic and Udi's on 26 October 2018.
Sources (3) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.