Conagra Buying Thanasi Foods

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Chicago — Conagra Brands, Inc. has entered into agreement to purchase Duke’s meat snacks and Bigs Seeds maker Thanasi Foods LLC.

The transaction is anticipated to close this summer, after which Duke’s and Bigs brands will continue to be operated out of Boulder, CO, according to the acquiring firm.

“This is another exciting step in our ongoing efforts to reshape our portfolio to be more premium and modern,” says Sean Connolly, Conagra president and CEO. “These on-trend brands extend our meat snacks and seeds business into faster-growing, more premium segment.”

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