ConAgra Buys Fontera Foods

| October 5, 2016

What started off as a business plan pitched to Rick Bayless by a fan and MBA student has just been sold to one of the largest food manufacturers in the world. Frontera Foods, the Chicago-bred and -based packaged-foods company founded in 1996 by Bayless and the brand’s CEO, Manny Valdes, was acquired today by Chicago-based ConAgra, the maker of processed foods such as Slim Jim, Reddi-Wip and Hunt’s. Terms were not disclosed. CLICK HERE TO READ MORE

Source: Crain’s Chicago Business

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