Add-on Acquisition • Food

Conagra Brands Acquires Watts Brothers Frozen Foods

On February 25, 2008, Conagra Brands acquired food company Watts Brothers Frozen Foods

Acquisition Context
  • This is Conagra Brands’ 9th transaction in the Food sector.
  • This is Conagra Brands’ 9th transaction in the United States.
  • This is Conagra Brands’ 1st transaction in Washington.

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M&A Deal Summary

Date February 25, 2008
Target Watts Brothers Frozen Foods
Sector Food
Buyer(s) Conagra Brands
Deal Type Add-on Acquisition

Target Company

Watts Brothers Frozen Foods

Paterson, Washington, United States
Watts Brothers Frozen Foods LLC is a vegetable processing and agricultural company. Watts Brothers entities directly or indirectly own, operate and manage a vegetable processing business.
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Buyer Overview 1

Buyer

Conagra Brands

Chicago, Illinois, United States

Category Company
Founded 1919
Sector Food
Employees18,500
Revenue 12.1B USD (2024)
DESCRIPTION
Conagra's office in Omaha, Nebraska.
Conagra's office in Omaha, Nebraska.

Conagra Brands is a packaged food company with branded and private branded food products. In addition to serving consumer households, ConAgra also offers food products to commercial food customers including restaurants and food service companies. Conagra Brands was founded in 1919 and is based in Chicago, Illinois.


Deal Context for Buyer #
Overall 9 of 30
Sector: Food 9 of 30
Type: Add-on Acquisition 9 of 26
State: Washington 1 of 2
Country: United States 9 of 28
Year: 2008 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-07 Lincoln Snacks Co.

Lincoln, United States

Lincoln Snacks Co. manufacturers and markets caramelized prepopped popcorn and glazed popcorn/nut mixes.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-05-13 ConAgra Foods - Knott s Berry Farm Food Brand

Omaha, Nebraska, United States

ConAgra Foods - Knott's Berry Farm Food Brand is a producer and markets high quality jams, jellies and preserves in the retail, gift boxes, and foodservice channels.

Sell -