Conagra Completes Divesture of Agro Tech Foods Ltd

Conagra Brands Inc. announced that all conditions for the previously announced sale by one of its subsidiaries of its 51.8% ownership stake in Agro Tech Foods Ltd., a food company based in India, have been fulfilled and the transaction has been completed.

The transaction is another step in Conagra's strategy to continuously reshape its portfolio to maximize shareholder value. Effective with the sale, Conagra Brands no longer consolidates the results of ATFL in its financial statements.

About Conagra Brands

Conagra Brands Inc. is one of North America's leading branded food companies, combining a 100-year history of making quality food with agility and a focus on collaboration and innovation. Some of the company's brands include Birds Eye, Duncan Hines, Healthy Choice, Marie Callender's, Reddi-wip, and Slim Jim.

Headquartered in Chicago, Conagra Brands generated fiscal 2024 net sales of more than $12B.