Conagra Brands Inc. has announced the completion of the divestiture of its Chef Boyardee® brand to Hometown Food Company, a portfolio company of Brynwood Partners. The transaction encompasses the manufacturing facility located in Milton, Pennsylvania, along with all assets and operations related to the Chef Boyardee shelf-stable products business. However, the frozen skillet meals segment will be licensed back to Conagra by Hometown Food Company.
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