ConAgra Foods completes Lamb Weston spinoff, changes name to Conagra Brands
Lamb Weston’s portfolio will consist of frozen potato, sweet potato, appetizer and other vegetable products, as well as a continued presence in retail frozen products under licensed brands and private brands.
“This marks an exciting new chapter for Conagra. We are now a pure-play company with a renewed focus on capturing growth and driving shareholder value,” says Sean Connolly, president and CEO. “This has been a time of tremendous change, and I want to thank all of our employees for their efforts and determination during this transformation.”