Conagra Brands to Sell Chef Boyardee Brand to Hometown Food Company

Conagra Brands, Inc. has entered into an agreement with Hometown Food Company, a portfolio company of Brynwood Partners IX L.P., to divest its line of Chef Boyardee shelf-stable products, including its ready-to-eat pasta meals.

The transaction includes the 820,000-sq.-ft. manufacturing facility in Milton, Pa., as well as all assets and operations dedicated to the Chef Boyardee shelf-stable products, with the exception of frozen skillet meals, which Hometown Food Company will license to Conagra. The Chef Boyardee products that are part of the transaction contributed approximately $450 million to Conagra’s net sales in the 2024 fiscal year.