Private equity firm Vestar Capital Partners announces today it has made a majority investment into Dr. Praeger’s Sensible Foods. Vestar advisor Jeffrey Ansell, previously CEO of Pinnacle Foods – a $3 billion corporation whose portfolio includes Birds Eye, Earth Balance, EVOL, and Gardein – will join the Dr. Praeger’s board as Chairman.
Dr. Praeger’s Expands Distribution, Launches New Veggie Snacks and Burgers
Dr. Praeger’s, a long-standing player in the frozen food industry, has announced the introduction of two new products along with an expansion in distribution to various retailers across the United States. This month, Dr. Praeger’s will introduce two new products to 475 Target stores nationwide. The Southwestern Black Bean Crunchy Stars and the BBQ Black Bean & Sweet Potato Slider Patties are the latest additions to the company’s lineup. The Southwestern Black Bean Crunchy Stars combine black beans with brown rice, corn, red bell peppers, and Southwestern spices, for a crunchy snack option. The BBQ Black Bean & Sweet Potato Slider Patties feature a blend of black beans, sweet potatoes, various greens, and smoky BBQ seasoning in a smaller, snackable format than the original. Exclusive products …