Article: ConAgra Foods Acquires Watts Brothers to Strengthen Its Lamb Weston Business.

OMAHA, Neb. -- ConAgra Foods, Inc. (NYSE: CAG) announced today that it has acquired Kennewick, Wash.-based Watts Brothers, a privately held vegetable processing and agricultural company, to further grow and strengthen its core potato business operating under the Lamb Weston brand. Lamb Weston is the largest potato company in North America with annual sales of approximately $2 billion. Financial terms of the deal were not disclosed.

The Watts Brothers entities directly or indirectly own, operate and manage a vegetable processing business located in Washington and Oregon, along with an organic dairy, fertilizer, cold storage, packaging and agricultural farming ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!