USA: Conagra Brands announces deal for Sandwich Bros of Wisconsin

Conagra Brands, the US packaged foods firm, has announced that it has reached a deal to acquire Sandwich Bros of Wiconsin, a manufacturer of frozen convenience breakfast foods and flatbread sandwiches. Terms of the deal were not disclosed.

Sandwich Bros.of Wisconsin’s offers “snack meals” such as chicken melts and cheeseburgers, as well as flatbread pocket sandwiches filled with cheese, egg, turkey, beef and sausage. The family-owned firm achieved approximately $60 million in net sales for the 12 months ending November 2017.

Commenting on the deal, Conagera Brands president and chief executive officer Sean Connolly said: “Adding the Sandwich Bros. business to our portfolio is another step in Conagra Brands’ ongoing work to accelerate growth. This acquisition will bring Conagra unique capabilities and expertise within the frozen handheld category, which we look forward to leveraging for further growth and extension into additional Conagra brands”.

Source: Conagra Brands

 

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