CHICAGO--(BUSINESS WIRE)--Feb. 4, 2013--
The Hillshire Brands Company (NYSE: HSH) announced today it has
completed the sale of its Australian subsidiary Kitchens of Sara Lee Pty
Ltd to a subsidiary of McCain Foods Limited (McCain Foods Aust Pty Ltd)
in an all-cash transaction. The sale was originally announced in Dec.
The Australian Bakery business has approximately 500 employees and one
primary manufacturing facility in Australia. The business produces and
sells a variety of bakery and other food products to retail and
foodservice customers in Australia and other parts of the Pacific Rim
under brands including the Sara Lee brand name. No other Sara Lee
branded fresh bakery products are affected by this transaction.
About The Hillshire Brands Company
The Hillshire Brands Company (NYSE: HSH) is a leader in meat-centric
food solutions for the retail and foodservice markets. The company
generates approximately $4 billion in annual sales and has approximately
9,500 employees. Hillshire Brands’ portfolio includes iconic brands such
as Jimmy Dean, Ball Park, Hillshire Farm, State Fair,
Sara Lee frozen bakery and Chef Pierre pies, as well as
artisanal brands Aidells and Gallo Salame.
Source: The Hillshire Brands Company
The Hillshire Brands Company
Anne Wickham, 0419
Melissa Napier, +1-312-614-8739