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BRIEF-Givaudan acquires ConAgra Foods' Spicetec Flavors & Seasonings business
May 24, 2016 / 5:15 AM / a year ago

BRIEF-Givaudan acquires ConAgra Foods' Spicetec Flavors & Seasonings business

May 24 (Reuters) - Givaudan SA :

* Said on Monday is acquiring ConAgra Foods’ Spicetec Flavors & Seasonings business

* The total purchase price is $340 million, which Givaudan plans to fund from existing resources

* The transaction is expected to close in the next 60-90 days

* The transaction is expected to add approximately $185 million to Givaudan’s revenue on a full year basis

Source text - bit.ly/25deP2Q

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