ConAgra acquires Alexia Foods

Omaha, Nebraska: Packaged foods company ConAgra Foods has acquired Alexia Foods for an undisclosed sum. Alexia Foods makes frozen chips, artisan breads and appetisers. The brand generates $35m (£17m) in annual sales. "Alexia's premium brands position ConAgra Foods to gain presence in the increasingly important natural and organic foods segment," said Gary Rodkin, chief executive officer of ConAgra Foods. "In turn, Alexia will benefit from ConAgra Foods' marketing and operating infrastructure."