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Stock Market & Financial Investment News

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February 20, 2013
16:23 EDTHSHHillshire Brands outlines core strategies for growth at CAGNY
The Hillshire Brands presented at the Consumer Analyst Group of New York's, or CAGNY, annual conference. Sean Connolly, president and CEO and Maria Henry, CFO shared the company's four core strategies for growth. The company intends to strengthen the core brands with increased investment behind improved advertising, upgrades to product quality and packaging, and category management, extend trademarks into adjacent categories with new product innovations, drive greater cost efficiencies in supply chain, trade spend, and through shift in corporate culture, acquire on-trend businesses that align with strategic vision and create shareholder value
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April 21, 2014
07:31 EDTHSHHillshire Brands to acquire Van's Natural Foods from Catterton for $165M
The Hillshire Brands Company and Catterton Partners, a consumer-focused private equity firm, announced that Hillshire Brands has signed a definitive agreement to acquire Catterton portfolio company Vanís Natural Foods. Hillshire Brands will pay $165M for Vanís, which is expected to have net revenues of approximately $60M in calendar year 2014. The transaction is expected to close in May pending regulatory clearance.

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