ConAgra Buys Fontera Foods
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
Category: Member News
