ConAgra Foods Inc. (CAG: Quote) has completed acquisition of the Bertolli and P.F. Chang's Home Menu frozen meals businesses from Unilever plc (UL: Quote,ULVR.L,UN: Quote).
The company, on July 30, had announced the acquisition of Bertolli and P.F. Chang's brand for $267 million, to improve its North American frozen meals business.
The acquisition includes the frozen meals businesses, a license for use of the Bertolli brand name and the transfer of Unilever's existing license with P.F. Chang's for use of the P.F. Chang's Home Menu brand name.
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by RTT Staff Writer
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