Conagra Brands (CAG) Fuels Portfolio With Sweetwood Smoke Buyout
Conagra(CAG) ZACKS·2024-08-13 00:25
Conagra Brands, Inc. (CAG) , a leading snacks, frozen foods and alternative-protein supplier, recently unveiled a deal to acquire Sweetwood Smoke & Co, maker of FATTY Smoked Meat Sticks. This move appears apt, given the growing trend in the snacking industry, as consumers increasingly seek high-protein, on-the-go options.Inside the HeadlinesConagra Brands' acquisition of Sweetwood Smoke & Co. is a strategic move as part of its portfolio optimization strategy aimed at speeding up growth. This acquisition not ...