ConAgra Foods Acquires Elan Nutrition
The acquisition of Elan Nutrition, owned by an affiliate of Sun Capital Partners, Inc. since 2003, will allow ConAgra Foods to grow its private label bar business through new product development capabilities and manufacturing capacity. Elan Nutrition's manufacturing facility in Grand Rapids was included in the deal and will operate as a ConAgra Foods plant. ConAgra Foods intends to hire Elan Nutrition employees.
ConAgra Foods currently manufactures private label bars at its facility in Lakeville, Minn. That facility is not impacted by this acquisition and will continue to operate as normal.