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CHICAGO — Hometown Food Co. plans to acquire the iconic Chef Boyardee ready-to-eat pasta and Italian meals brand from Conagra Brands Inc. for $600 million. The cash transaction, announced May 1, ...
Chef Boyardee is getting a new home. Conagra Brands has agreed to sell the nearly century-old brand to private-equity firm Brynwood Partners for $600 million, executives told The Wall Street Journal.
Founded by an Italian immigrant, Chef Boyardee is emblematic of the American Dream. As a teenager, Hector Boiardi left Europe to become a top chef at a luxury New York hotel before going out on his ...