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Article: ConAgra Foods Acquires Watts Brothers to Strengthen Its Lamb Weston Business.
- Article from:
- Business Wire
- Article date:
- February 25, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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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 ...
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