ConAgra Foods Lamb Weston, Ochoa Foods announce new joint venture
ConAgra Foods Lamb Weston, the largest potato company in North America with annual sales exceeding $2 billion, and Ochoa Foods, a privately owned potato processing company based in Boise, Idaho, announced today that they have entered into a new joint venture.
ConAgra Foods Inc. made a $4.9 billion bid for cereal maker Ralcorp Holdings Inc. in an effort to broaden its business making store-brand products.