Dial Sells Armour Foods Business to Pinnacle
Dial Sells Armour Foods Business to Pinnacle
The Armour Foods business, which includes brands like Armour Vienna Sausage, had sales of some $230 million last year.
"Having evaluated different strategic options, we became convinced that the sale of the foods business was the best solution for our company," Henkel chief executive Ulrich Lehner said. "This step will enable us to concentrate on our core businesses in home and personal care."
Pinnacle Foods, based in
Lehner described Pinnacle as "a strategic buyer that will offer good prospects for Armour going forward."
Dial, based in
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