OMAHA, Neb. (AP) — ConAgra Foods Inc. says it has completed the sale of its Gilroy Foods & Flavors business to Olam International.
Gilroy Foods makes dehydrated and vegetable products, and Omaha-based ConAgra said it had about $300 million in revenue in fiscal 2010. The $250 million deal was announced in June.
In a news release Tuesday, ConAgra said the deal included manufacturing facilities in Gilroy, Hanford and Modesto, Calif.; Fernley, Nev.; Las Cruces, N.M.; and Umatilla, Ore. A warehouse in King City, Calif., was included.
ConAgra is keeping the seasoning blends and flavors business and plant operations in Illinois, New Jersey and Utah related to the Gilroy business.
