Sara Lee Completes Acquisition of Aidells Sausage
27 Mai 2011 - 6:39PM
UK Regulatory
TIDMSRL
Sara Lee Corp. (NYSE: SLE) today announced that it has completed
its acquisition of Aidells Sausage, the San Francisco-based premium
meats business. The deal was originally announced on May 5,
2011.
"Aidells' passion for making great-tasting, natural and organic
sausages has attracted a loyal consumer following and shaped a
truly premium brand," said CJ Fraleigh, chief executive officer,
Sara Lee North America. "Adding Aidells' great products and
talented team of employees to our organization will expand Sara
Lee's presence in the premium meats category and help us to drive
even greater innovation."
This acquisition expands Sara Lee's presence into the organic
and natural meats segments, while also increasing Sara Lee's
coverage of fast growing retail channels, such as club stores and
organic grocers.
About Sara Lee
Each and every day, Sara Lee (NYSE: SLE) delights millions of
consumers and customers around the world. The company has one of
the world's best-loved and leading portfolios with its innovative
and trusted food and beverage brands, including Ball Park, Douwe
Egberts, Hillshire Farm, Jimmy Dean, Sara Lee and Senseo.
Collectively, our brands generate nearly $9 billion in annual net
sales from continuing operations. Sara Lee has approximately 20,000
employees in its continuing operations worldwide. Please visit
www.saralee.com for the latest news and in-depth information about
Sara Lee and its brands.
Sara Lee Corp.Media:Alissa Bolton,
+1.630.598.8123orAnalysts:Melissa Napier, +1.630.598.8739
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