ConAgra buys Int'l Home Foods

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ConAgra announced plans June 23 to acquire International Home Foods for $2.9 billion. ConAgra will add brands such as Bumble Bee tuna, Chef Boyardee and Crunch 'n Munch to its portfolio, which includes Butterball, Healthy Choice and Orville Redenbacher. Fogarty Klein Monroe, Houston, handles the bulk of IHF's brands, while D'Arcy Masius Benton & Bowles, New York, has Pam cooking spray and Guldens mustard.

Copyright June 2000, Crain Communications Inc.

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