1306:
989:
306:
Following poor stock performance in 1998, its price dropping by over two-thirds in six months, IHF began looking for a buyer. The company's valuation issues were largely caused by investor disinterest in a company with such widely diversified brands. In
December 1998, ConAgra offered IHF $ 20 per
1338:
1333:
307:
share but IHF rejected the offer as too low. This was followed by multiple negotiations with other companies over an 18-month period, none of which materialized.
1021:
690:
664:
723:
27:
1343:
760:
845:
993:
272:
plus the assumption of debt. IHF went public in
November 1997 and subsequently made a number of acquisitions in quick succession.
341:
deal, $ 2 per share higher than ConAgra's initial 1998 offer. Much of the former IHF operation was integrated into ConAgra's
1014:
246:
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330:. Despite its lackluster stock performance, by 2000 the company had grown to annual sales of about
353:
During its four years in operation, International Home Foods owned a variety of brands including:
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205:(IHF) was an American manufacturer, distributor and marketer of food products, based in
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37:
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213:
and merged into ConAgra's
Grocery Products division. IHF's best known brands were
1148:
1118:
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389:
268:
In July 1997, IHF acquired Bumble Bee
Seafoods out of bankruptcy protection for
226:
170:
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401:
292:
863:
772:
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followed by canned soup and pasta producer Venice Maid, and in August bought
1198:
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1143:
1078:
395:
1133:
632:"ConAgra to Buy International Home For About $ 1.63 Billion in Cash, Stock"
296:
988:
275:
In March 1998 it acquired private-label foods producer Grist Mill Co. for
1208:
1073:
562:"ConAgra, International Home Foods Join Sector's Consolidation Bandwagon"
280:
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279:, then bought Canadian canned meat and stew producer Puritan from
999:
665:"International Home Foods Hopes Famous Names Deliver: IPO Focus"
1003:
820:"B&G Foods Purchases Polaner from International Home Foods"
889:"ConAgra provides plateful of products from which to choose"
337:
IHF was finally acquired in June 2000 by ConAgra Foods in a
691:"$ 100 Million Merger by Makers of Private-Label Foods"
1247:
1037:
724:"International Home Foods to buy Venice Maid Foods"
265:became chairman and CEO following the acquisition.
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148:
135:
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97:
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68:
58:
43:
33:
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310:The company bought Canadian canned seafood brands
882:
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761:"International Home Foods is Adding Businesses"
950:
948:
594:
592:
237:The company was founded in November 1996 when
1015:
846:"ConAgra to acquire International Home Foods"
8:
1339:Companies based in Morris County, New Jersey
1334:Food and drink companies established in 1996
920:
918:
916:
914:
912:
910:
697:. Bloomberg News. 12 Mar 1998. pp. D4.
245:, which was acquired by private equity firm
19:
1022:
1008:
1000:
345:-based ConAgra Grocery Products division.
25:
18:
794:"Weston sells B.C. canned fish business"
555:
553:
601:"IHF trod a rocky road to ConAgra sale"
532:"Investor Hicks announces 2 mega-deals"
463:
7:
14:
927:"ConAgra expands its food pantry"
452:Venice Maid canned pasta and soup
1305:
1304:
987:
887:McArdle, Patrick (24 Feb 2001).
501:"ConAgra sells seafood business"
72:American Home Foods division of
957:"Beans plant to shut its doors"
767:. Bloomberg News. 15 Aug 1998.
511:. 22 May 2003. pp. B5, B7
193:(80% 1996–1997, 43% 1997–2000)
20:International Home Foods, Inc.
16:American branded foods company
1:
1344:2000 mergers and acquisitions
925:Cole, Patrick (24 Jun 2000).
560:Kilman, Scott (26 Jun 2000).
322:in 1999 with its sale of the
251:C. Dean Metropoulos & Co.
247:Hicks, Muse, Tate & Furst
209:. It was acquired in 2000 by
191:C. Dean Metropoulos & Co.
187:Hicks, Muse, Tate & Furst
599:O'Reiley, Tim (7 Jul 2000).
473:"Giving old brands new life"
471:Harwell, Drew (3 Nov 2014).
241:spun off its food business,
973:– via Newspapers.com.
955:Fuquay, Jim (15 Sep 2006).
941:– via Newspapers.com.
903:– via Newspapers.com.
858:. 24 Jun 2000. p. C3.
734:. 28 May 1998. p. D3.
615:– via Newspapers.com.
546:– via Newspapers.com.
530:Fuquay, Jim (24 Jun 2000).
519:– via Newspapers.com.
489:– via Newspapers.com.
318:and later that year raised
314:and Paramount in 1999 from
85:; 27 years ago
1360:
449:canned tomatoes and chilis
295:canned meat business from
1288:
24:
1260:International Home Foods
994:International Home Foods
962:Fort Worth Star-Telegram
536:Fort Worth Star-Telegram
255:International Home Foods
203:International Home Foods
326:fruit spreads brand to
261:to acquire 80% of IHF.
1265:Lincoln Snacks Company
239:American Home Products
207:Parsippany, New Jersey
129:Parsippany, New Jersey
74:American Home Products
1174:Orville Redenbacher's
1099:David Sunflower Seeds
363:Campfire marshmallows
996:at Wikimedia Commons
373:Clover Leaf Seafoods
1059:Angie's Kettle Corn
933:. pp. 2–1, 2–2
636:Wall Street Journal
567:Wall Street Journal
243:American Home Foods
225:cooking spray, and
21:
386:Grist Mill cereals
359:Bumble Bee Seafood
343:Irvine, California
316:George Weston Ltd.
257:. The latter paid
219:Bumble Bee Seafood
161:Bumble Bee Seafood
144:(chairman and CEO)
83:November 1996
1316:
1315:
1299:Canada and Mexico
1293:Frozen foods only
1169:Marie Callender's
1139:Hunt's Snack Pack
992:Media related to
965:. pp. 1C, 3C
538:. pp. 1C, 2C
443:Ranch Style Beans
431:Paramount seafood
200:
199:
1351:
1308:
1307:
1239:Wolf Brand Chili
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732:Associated Press
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383:Dennison's chili
340:
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263:Dean Metropoulos
260:
217:pasta products,
142:Dean Metropoulos
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29:
22:
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1129:Hebrew National
1094:Crunch 'n Munch
1040:
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1028:
984:
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978:
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931:Chicago Tribune
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638:. 24 Jun 2000.
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478:Chicago Tribune
470:
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378:Crunch 'n Munch
351:
339:US$ 2.9 billion
338:
332:US$ 2.2 billion
331:
320:US$ 9.6 million
319:
301:US$ 126 million
300:
288:
277:US$ 100 million
276:
270:US$ 163 million
269:
259:US$ 1.2 billion
258:
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17:
12:
11:
5:
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1329:Conagra Brands
1321:
1320:
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1300:
1297:
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1290:
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1286:
1285:
1283:
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1270:Pinnacle Foods
1267:
1262:
1257:
1255:Beatrice Foods
1251:
1249:
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1236:
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1124:Healthy Choice
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1031:Conagra Brands
1029:
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983:
982:External links
980:
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851:New York Times
837:
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765:New York Times
752:
728:New York Times
715:
695:New York Times
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481:. pp. 2–3
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289:US$ 39 million
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101:June 2000
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1280:Thanasi Foods
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1114:Fiddle Faddle
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1089:Chef Boyardee
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895:. p. A12
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826:. 14 Jan 1999
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671:. 17 Nov 1997
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510:
509:Knight Ridder
506:
502:
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480:
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474:
467:
464:
457:
451:
448:
445:
442:
440:Puritan stews
439:
437:fruit spreads
436:
433:
430:
428:cooking spray
427:
424:
421:
418:
415:
412:
409:
406:
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368:
367:Chef Boyardee
365:
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348:
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344:
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329:
328:B&G Foods
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215:Chef Boyardee
212:
211:ConAgra Foods
208:
204:
192:
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185:
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172:
169:
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164:
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159:
157:
156:Chef Boyardee
154:
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119:
118:ConAgra Foods
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57:
53:
50:
47:
42:
39:
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32:
28:
23:
1259:
1248:Acquisitions
1179:P.F. Chang's
967:. Retrieved
960:
935:. Retrieved
930:
897:. Retrieved
892:
867:. Retrieved
849:
840:
828:. Retrieved
823:
814:
802:. Retrieved
800:. 4 Jan 1999
797:
788:
776:. Retrieved
764:
755:
743:. Retrieved
727:
718:
706:. Retrieved
694:
685:
673:. Retrieved
668:
659:
647:. Retrieved
635:
609:. Retrieved
607:. p. B1
605:Daily Record
604:
579:. Retrieved
565:
540:. Retrieved
535:
525:
513:. Retrieved
504:
495:
483:. Retrieved
476:
466:
413:canned foods
404:canned meats
352:
336:
309:
305:
274:
267:
254:
253:and renamed
242:
236:
202:
201:
124:Headquarters
116:Acquired by
34:Company type
1149:Kid Cuisine
1109:Egg Beaters
1084:Blue Bonnet
1064:Armour Star
1054:Andy Capp's
1039:Brands and
824:Food Online
312:Clover Leaf
283:subsidiary
69:Predecessor
1323:Categories
1234:Van Camp's
1224:Swiss Miss
893:Daily Item
505:Times-News
458:References
407:Louis Kemp
137:Key people
54:: IHF
1296:U.S. only
1199:Reddi-Wip
1194:Poppycock
1144:Jiffy Pop
1104:Del Monte
1079:Birds Eye
1041:divisions
864:0362-4331
773:0362-4331
740:0362-4331
703:0362-4331
669:Bloomberg
644:0099-9660
576:0099-9660
396:Jiffy Pop
229:mustard.
46:Traded as
1310:Category
1214:Slim Jim
1209:Ry-Krisp
1119:Gulden's
1074:Bertolli
798:CBC News
390:Gulden's
281:Unilever
227:Gulden's
171:Gulden's
59:Industry
1275:Ralcorp
1219:Swanson
1164:Manwich
1159:Libby's
1154:La Choy
1069:Banquet
856:Reuters
435:Polaner
422:Orleans
402:Libby's
398:popcorn
392:mustard
380:popcorn
324:Polaner
293:Libby's
233:History
105:2000-06
103: (
98:Defunct
90:1996-11
88: (
80:Founded
1204:Ro-Tel
1189:Parkay
1134:Hunt's
1049:Act II
862:
771:
738:
701:
642:
574:
447:Ro-Tel
419:cereal
411:Luck's
349:Brands
297:Nestlé
285:Lipton
180:Owners
149:Brands
38:Public
969:2 Mar
937:2 Mar
899:2 Mar
869:2 Mar
830:2 Mar
804:2 Mar
778:2 Mar
745:2 Mar
708:2 Mar
675:2 Mar
649:2 Mar
611:2 Mar
581:2 Mar
542:2 Mar
515:2 Mar
485:2 Mar
417:Maypo
369:pasta
971:2022
939:2022
901:2022
871:2022
860:ISSN
832:2022
806:2022
780:2022
769:ISSN
747:2022
736:ISSN
710:2022
699:ISSN
677:2022
651:2022
640:ISSN
613:2022
583:2022
572:ISSN
544:2022
517:2022
487:2022
299:for
287:for
249:and
189:and
113:Fate
63:Food
52:NYSE
1184:PAM
426:PAM
223:PAM
166:PAM
1325::
959:.
947:^
929:.
909:^
891:.
879:^
854:.
848:.
822:.
796:.
763:.
730:.
726:.
693:.
667:.
634:.
621:^
603:.
591:^
570:.
564:.
552:^
534:.
507:.
503:.
475:.
334:.
303:.
221:,
1023:e
1016:t
1009:v
873:.
834:.
808:.
782:.
749:.
712:.
679:.
653:.
585:.
107:)
92:)
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