PARSIPPANY, N.J. — Pinnacle Foods Inc. has reorganized its reporting structure, switching to segments that the company said mirrors the manner in which the businesses will be managed. The new segments are: Frozen, Grocery, Boulder and Specialty.
The Frozen segment is comprised of the retail businesses of the company’s legacy frozen brands, including vegetables (Birds Eye), complete bagged meals (Birds Eye Voila! and Birds Eye Signature Skillets), full-calorie single-serve frozen dinners and entrees (Hungry-Man), prepared seafood (Van de Kamp’s and Mrs. Paul’s), pancakes/waffles/french toast (Aunt Jemima), frozen and refrigerated bagels (Lender’s) and pizza for one (Celeste). The Frozen segment also includes all of the company’s business in Canada, including those of the Garden Protein International and Boulder Brands acquisitions.
The Grocery segment includes the retail businesses of the company’s grocery brands, including cake/brownie mixes and frostings (Duncan Hines), shelf-stable pickles (Vlasic), salad dressings (Wish-Bone, Western and Bernstein’s), table syrups (Log Cabin and Mrs. Butterworth’s), refrigerated and shelf-stable spreads (Smart Balance), canned meat (Armour, Nalley and Brooks), pie and pastry fillings (Duncan Hines Comstock and Wilderness) and barbecue sauces (Open Pit).
In late 2015, Pinnacle Foods acquired Boulder Brands for approximately $975 million. Since then the company has been integrating its operations into Pinnacle’s network. Now, the Boulder segment is comprised of the retail businesses of the company’s health and wellness lifestyle brands, including gluten-free products (Udi’s and Glutino), natural frozen meal offerings (EVOL), plant-based refrigerated and shelf-stable spreads (Earth Balance) and plant-based protein frozen products (gardein).
The Specialty segment includes the company’s snack products (Tim’s Cascade and Snyder of Berlin) and all of its U.S. food service and private label businesses, including those of the Garden Protein International and Boulder Brands acquisitions.
