High Liner Foods Acquires Mrs. Paul's and Van de Kamp's Brands for $55 Million to Boost U.S. Market Expansion

Reuters

06-06

High Liner Foods Acquires Mrs. Paul's and Van de Kamp's Brands for $55 Million to Boost U.S. Market Expansion

High Liner Foods Incorporated, a leading North American value-added frozen seafood company, has announced its agreement to acquire the Mrs. Paul's and Van de Kamp's brands from Conagra Brands for USD $55 million, including approximately USD $36 million in inventory. The transaction secures the volume associated with High Liner Foods' current contract with Conagra, which is set to expire in 2027, and is expected to increase the company's annual volume from this business to approximately 29 million pounds. This strategic move aims to catalyze growth in the U.S. retail market by leveraging the strong consumer awareness of the acquired brands and expanding High Liner Foods' distribution network. The transaction is anticipated to close at the end of June 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. High Liner Foods Inc. published the original content used to generate this news brief via CNW (Ref. ID: C5915) on June 06, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. <a href=\"https://laohu8.com/S/HLNFF\">High Liner Foods Inc.</a> published the original content used to generate this news brief via CNW (Ref. ID: C5915) on June 06, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4212","symbol_name":"包装食品与肉类","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250606:nNDL9MPqWr:1","article_id":"2541985744","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2541985744","pubTimestamp":1749213024,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"High Liner Foods Incorporated, a leading North American value-added frozen seafood company, has announced its agreement to acquire the Mrs. Paul's and Van de Kamp's brands from Conagra Brands for USD $55 million, including approximately USD $36 million in inventory. 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