Conagra Completes Acquisition of Thanasi
CHICAGO — It’s another convenience store supplier acquisition in the books.
Conagra Brands Inc. has completed its acquisition of Thanasi Foods LLC, maker of Duke’s meat snacks, and BIGS LLC, maker of BIGS seeds. Financial terms of the deal were not disclosed.
"The addition of Duke's and BIGS is another move to reshape Conagra's portfolio to be more premium and modern," said Sean Connolly, president and chief executive officer of Conagra Brands. "We welcome the Thanasi team to Conagra and look forward to working together to grow the brands."
The Duke’s and BIGS brands will continue to operate out of Boulder, Colo.
The definitive agreement to acquire Thanasi was announced in March, as CSNews Online previously reported.
A premium meat snacks brand, Duke's products include Duke's Smoked Shorty Sausages and Steak & Brisket Strips. BIGS produces a line of premium seed snacks, including jumbo in-shell sunflower seeds, sunflower seed kernels and roasted pumpkin seeds, many with co-branded flavor profiles.
Conagra Brands currently manages the Slim Jim meat stick brand and the David Seeds brand.