J&J Snack Foods to acquire ConAgra frozen handheld business
This acquisition provides J&J Snack Foods with ample flexibility to meet changing consumer needs. The two USDA approved manufacturing facilities offer a wide variety of enrobed products from sweet to savory, healthy or indulgent, as well as individual retail or bulk foodservice packs, the company said.
Gerald B. Shreiber, president and CEO of J & J Snack Foods Corp., commented, “We are excited about this opportunity. This is a fine line of products that will expand our portfolio of brands to existing and new venues.” Closing of the transaction is expected to be in May 2011.
Source: J&J Snack Foods Corp.