The FINANCIAL — On October 23 Conagra Brands, Inc. announced that it has completed the acquisition of Angie’s Artisan Treats, LLC, the maker of Angie’s BOOMCHICKAPOP ready-to-eat popcorn, from TPG Growth, the middle market and growth equity platform of alternative asset firm TPG, for $250 million.
The definitive agreement to acquire Angie’s was announced on September 22, 2017, according to Conagra Brands.
The Angie’s BOOMCHICKAPOP brand was founded by husband and wife entrepreneurs Dan and Angie Bastian, who will continue to actively support the business as part of Conagra Brands. The brand features more than a dozen varieties of ready-to-eat popcorn and is available nationwide in natural food, grocery, club, drug and mass retail outlets. Angie’s BOOMCHICKAPOP has a presence in the U.S., Canada, South Korea, Peru, the Caribbean and Mexico.
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