ConAgra acquires Alexia,
adds to portfolio of brands
Jul 25, 2007 9:20 AM
ConAgra Foods Inc has acquired New York-based Alexia Foods Inc, a privately held natural food company. Alexia Foods represents a leading natural frozen potato brand and markets all-natural and organic appetizers and artisan breads.
Established in 2002 by founder and chef Alex Dzieduszycki, the Alexia brand generates approximately $35 million in annual sales. Products are available at natural, gourmet, club, and grocery stores across the United States and Canada. Alexia Foods will continue to operate from its Long Island City NY offices under the leadership of Dzieduszycki and current staff, who will become ConAgra employees.
The acquisition includes the interest in Alexia Foods held by San Francisco CA-based TSG Consumer Partners LLC, a private equity investment firm.
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