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ConAgra Expands Private Label Bar Capacity With Elan Acquisition

April 12, 2010: 10:57 PM EST
US packaged foods company ConAgra Foods Inc. has acquired Elan Nutrition, a developer and manufacturer of nutrition food bars in a bid to expand its private label enterprise. ConAgra said in press statement that the acquisition, from an affiliate of Sun Capital Partners Inc., will boost its capacity to formulate and make private label bars, which it currently manufactures at its Lakeville, Minnesota facility. The terms of the deal are confidential, but ConAgra disclosed that it intends to retain Elan’s workers.
The Associated Press, "ConAgra acquires snack bar maker Elan Nutrition", Forbes.com , April 12, 2010, © The Associated Press
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