Conagra Brands Inc.

History

Year	Detail
1919	Conagra was founded as Nebraska Consolidated Mills (NCM) by Alva Kinney.
1971	Nebraska Consolidated Mills changed its name to ConAgra Inc. This name change marked a significant shift in the company's identity, from a primarily grain-milling operation to a broader food and agricultural enterprise.
1980	ConAgra entered the frozen food business with the acquisition of Banquet Foods Co. This acquisition marked ConAgra's move into the processed food market and also expanded its chicken sales.
2000	ConAgra Foods and America's Second Harvest (Feeding America) partnered to create the Feeding Children Better program, a large-scale corporate initiative focused on combating child hunger in the U.S. This program aimed to provide food, nutrition education, and social activities to children in need, with a specific focus on after-school meal programs like Kids Cafes.
2007	ConAgra Foods acquired Lincoln Snacks, a Chicago-based company known for its Poppycock and Fiddle Faddle popcorn brands. This acquisition was part of ConAgra's strategy to expand its snack portfolio and meet consumer demand.
2012	ConAgra Foods Inc. acquired Bertolli and P.F. Chang's Home Menu frozen meals businesses from Unilever PLC for $267 million. The deal includes frozen meals businesses, a license for the Bertolli brand name, and the transfer of Unilever's existing license with P.F. Chang's for the P.F. Chang's Home Menu brand name.
2013	ConAgra Foods acquired Ralcorp, the leading private label food manufacturer, to expand its private label business.
2016	ConAgra Foods acquired the packaged foods businesses of Frontera Foods and Red Fork, including the Frontera, Red Fork, and Salpica brands. These brands specialize in gourmet Mexican food and American cooking sauces.
2016	The company spun off its Lamb Weston business and changed its name to Conagra Brands. This restructuring resulted in two independent public companies: Conagra Brands, which focused on consumer-branded food, and Lamb Weston, which specialized in frozen potato products.
2017	Conagra Brands acquired Angie's Artisan Treats, the maker of Angie's BOOMCHICKAPOP ready-to-eat popcorn, for $250 million. This acquisition was a part of Conagra's strategy to modernize its portfolio and accelerate growth.
2018	Conagra Brands Inc. acquired Pinnacle Foods to add iconic brands to its portfolio, including Birds Eye, Duncan Hines, Earth Balance, and Vlasic, as well as emerging brands such as Gardein, Glutino, Udi's, Wish-Bone, and EVOL, among others.