Lamb Weston Holdings Announces Agreement To Acquire Remaining Interests In European Joint Venture Lamb-Weston/Meijer
Lamb Weston Holdings Announces Agreement To Acquire Remaining Interests In European Joint Venture Lamb-Weston/Meijer
10/20/22, 12:38 PM
Location
eagleIndustry
food and beverage
Lamb Weston Holdings, Inc. (NYSE: LW) (“Lamb Weston” or the “Company”) announced today it has entered into an agreement (the “Purchase Agreement”) to purchase the remaining equity interests in its European joint venture with Meijer Frozen Foods B.V. for €700 million in cash and common stock of Lamb Weston.
Company Info
Location
Eagle, Idaho, United States
Company info
Lamb Weston is a leading supplier of frozen potato products to restaurants and retailers around the world. For more than 70 years, Lamb Weston has led the industry in innovation, introducing inventive products that simplify back-of-house management for its customers and make things more delicious for their customers. From the fields where Lamb Weston potatoes are grown to proactive customer partnerships, Lamb Weston always strives for more and never settles. Because, when we look at a potato, we see possibilities.