Pinnacle Foods Inc. is buying Boulder Brands. The two companies recently reached an agreement, which expands Pinnacle’s position in the natural and organic retail channel. Additionally, Pinnacle expects that this acquisition will bring forth new growth in refrigerated foods for the company.
“We expect a seamless transition and look forward to accelerating our growth across an impressive collection of health and wellness brands as part of Pinnacle Foods,” said Dean Hollis, Chairman of Boulder Brands.