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Last $0.0025 USD
Change Today 0.00 / 0.00%
Volume 0.0
PNNX On Other Exchanges
As of 8:10 PM 08/21/15 All times are local (Market data is delayed by at least 15 minutes).

pennexx foods inc (PNNX) Snapshot

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52 Week High
03/24/15 - $0.0045
52 Week Low
10/28/14 - $0.0012
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pennexx foods inc (PNNX) Details

Pennexx Foods, Inc. prepares case-ready meat for distribution to food retailers in the central and northeastern United States. The company cuts, packages, processes, and delivers case-ready beef, pork, lamb, and veal. Pennexx delivers products through independent trucking fleets. Pennexx' products are sold at approximately 900 retail locations. The company sells regularly to fewer than 15 supermarket and price club chains. The company competes with Excel, a subsidiary of Cargill, Incorporated.

269 Employees
Last Reported Date: 04/1/03
Founded in 1999

pennexx foods inc (PNNX) Top Compensated Officers

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pennexx foods inc (PNNX) Key Developments

Pinnacle Reportedly Close To Acquire Ragu Brand

Pinnacle Foods Inc. (NYSE:PF) is reportedly the front runner in the $2 billion sale of Ragu brand by Unilever NV (ENXTAM:UNA). Unilever’s Ragu could be paired with Hormel Foods Corporation (NYSE:HRL) and The J. M. Smucker Company (NYSE:SJM) prepare for an auction of the pasta sauce, people with knowledge of the matter said. Also considering a bid for Ragu are The Hillshire Brands Company (NYSE:HSH); Pennexx Foods Inc. (OTCPK:PNNX); Mizkan Co., Ltd.; and Post Holdings, Inc. (NYSE:POST) , the people said, asking not to be identified as the information is private. With first round bids for Ragu, which may fetch as much as $2 billion, due at the end of next week, all of the potential buyers have contacted banks to discuss their interest, the people said. According to Blolomberg, Jaime Stein, a spokeswoman for Unilever, declined to comment on the Ragu sale as did representatives for Hormel, Smucker and Pinnacle. Spokesmen for Hillshire, Post and Mizkan Americas did not reply to e-mail messages or phone calls seeking comment.


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PNNX Competitors

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Company Last Change
Campbell Soup Co $48.53 USD +0.76
ConAgra Foods Inc $41.72 USD +0.62
General Mills Inc $57.61 USD +0.79
Nestle SA SFr.70.30 CHF -0.80
JM Smucker Co/The $116.88 USD +1.24
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Price/Sales 0.0x
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TEV/Sales -- Not Meaningful

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