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In 2007, Pinnacle Foods was acquired by the Blackstone Group, a New York City-based private equity firm. [3] In 2013, Pinnacle Foods' Parsippany office was named Inc. Magazine's "World's Coolest Office." [4] That year, Pinnacle Foods had its IPO on the New York Stock Exchange, raising approximately $580 million for its owners, the private ...
The food business of Dial, including Armour Star canned meats, was sold to Pinnacle Foods in March 2006. [17] In 2007 Pinnacle Foods was acquired by the Blackstone Group, a New York City-based private equity firm. [18] Conagra acquired Pinnacle Foods for $10.9 billion in 2018. [19] [20] In July 2006, ConAgra sold most of their refrigerated ...
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The company was founded in 1986 by Tim Kennedy, and their production facilities are located in the U.S. state of Washington.Kennedy began cooking chips in 100% peanut oil, [3] but after being acquired by Pinnacle Foods, the factory switched to substituting cheaper alternatives like corn oil and sunflower oil.
Vlasic is owned by Pinnacle Foods, a subsidiary of Conagra Brands, since its name change in 2001. [10] The Vlasic Stork was shown in "Icons", a MasterCard commercial during Super Bowl XXXIX in 2005 where he and many other famous advertising icons from food and cleaning equipment are shown having dinner together. [11]
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Pinnacle Foods brands include Birds Eye, Duncan Hines, Hungry-Man and Swanson frozen TV dinners, among many others. [6] Days later, Pilgrim's Pride threatened the deal with its own bid for Hillshire Brands for $6.4 billion. [7] To complicate matters further, on May 29, 2014, Tyson Foods announced a $6.13 billion cash bid for Hillshire Brands ...
Since the rebound, West Liberty Foods’ sales have grown steadily. [1] In 2000, the company acquired a second plant in Sigourney, IA, from Pinnacle Foods to meet rising orders. The facility was sold in 2012. [1] The company grew again in April 2003 when it opened a processing plant in Mount Pleasant, IA, which was later expanded in 2004. [12]