ConAgra Foods Inc. announced May 12 that it has acquired Blake’s All Natural Foods, a rapidly-growing, family-owned company which makes natural and organic frozen meals.
“We are thrilled to have Blake’s All Natural Foods join ConAgra Foods. Blake’s is a great addition to our existing frozen meals business and provides more choices to a growing group of people buying natural and organic foods,” said Sean Connolly, ConAgra Foods’ chief executive officer. “ConAgra Foods will help Blake’s grow and offer its wholesome food to more people across the country.”
ConAgra Foods has a broad portfolio of brands in the frozen foods aisle, including Alexia, Healthy Choice, Marie Callender’s, Banquet, Kid Cuisine, Bertolli, Odom’s Tennessee Pride and P.F. Chang’s.
“Blake’s is really excited to join the ConAgra Foods team as it will allow us to build on the momentum we’ve created over several years and continue to meet the growing demand for our meals,” said Chris Licata, president and chief executive officer of Blake’s All Natural Foods.
Blake’s is one of the fastest growing natural and organic frozen food brands. According to IRI data, the natural and organic frozen single-serve meals category grew by more than 33% between 2011 and 2015.
Terms of this all-cash deal were not disclosed.