Hometown Food Company (Brynwood) to Acquire Chef Boyardee Brand from Conagra

May 1, 2025

Hometown Food Company, a Brynwood Partners portfolio company, entered into a definitive agreement to acquire the Chef Boyardee brand for $600 million from Conagra Brands. The deal includes the Chef Boyardee shelf-stable manufacturing facility in Milton, Pennsylvania and assets/operations dedicated to the brand, with frozen skillet meals licensed back to Conagra.

Targets
Chef Boyardee brand (shelf-stable products and dedicated assets/operations)
Sellers
Conagra Brands, Inc.
Platforms
Hometown Food Company
Location
Pennsylvania, United States
Transaction Type
Divestiture

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