ConAgra Foods, Inc. operates as a packaged food company in North America. The company’s segments include Consumer Foods, Commercial Foods, and Private Brands. Consumer Foods This segment includes branded food sold in various retail channels primarily in North America. The company’s food products are found in various categories (meals, entrees, condiments, sides, snacks, and desserts) throughout grocery and convenience stores across frozen, refrigerated, and shelf-stable temperature classes. Major brands include Alexia, ACT II, Banquet, Blue Bonnet, Chef Boyardee, DAVID, Egg Beaters, Healthy Choice, Hebrew National, Hunt’s, Marie Callender’s, Odom’s Tennessee Pride, Orville Redenbacher’s, PAM, Peter Pan, Reddi-wip, Slim Jim, Snack Pack, Swiss Miss, Van Camp’s, and Wesson. Commercial Foods This segment includes commercially branded and private branded food and ingredients, which are sold primarily to commercial, foodservice, food manufacturing, and industrial customers. The segment's primary food items include frozen potato and sweet potato items and various vegetable, spice and frozen bakery goods which are sold under brands such as Lamb Weston and Spicetec Flavors & Seasonings. Private Brands This segment includes private branded and customized food items sold in various retail channels, primarily in North America. The company’s Private Brands are sold in various categories in grocery and convenience stores, including hot and ready-to-eat cereal; snacks; condiments; bars and coordinated categories; pasta; and retail bakery goods. Acquisitions In 2013, the company acquired frozen dessert production assets from Harlan Bakeries. The purchase included machinery, operating systems, warehousing/storage, and other assets associated with making frozen fruit pies, cream pies, pastry shells, and loaf cakes. This business is included in the Consumer Foods segment. In 2013, the company acquired Ralcorp Holdings, Inc. (Ralcorp), a manufacturer of private branded food. Divestitures In April 2014, the company completed the sale of a small snack business, Medallion Foods, Inc. In 2013, the company completed the sale of the assets of the Lightlife business. Research and Development The company’s research and development expense was $103.5 million in fiscal 2014. History ConAgra Foods, Inc. was founded in 1919. The company was initially incorporated as a Nebraska corporation in 1919 and was reincorporated as a Delaware corporation in December 1975.
conagra foods inc
(CAO:Stuttgart Stock Exchange)
One ConAgra Drive
Omaha, NE 68102
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