The Associated Press June 29, 2010, 8:49AM ET

ConAgra completes American Pie acquisition

ConAgra Foods Inc. said Tuesday it completed its acquisition of American Pie LLC, a maker of desserts and frozen dinners under the Marie Callender's and Claim Jumper brand names.

Terms of the deal were not disclosed.

American Pie makes pies, fruit cobblers and pie crusts under license from Marie Callender's and Claim Jumper. It also makes frozen dinners, pot pies and appetizers under the Claim Jumper brand.

The acquisition adds desserts to ConAgra's existing Marie Callender's frozen food business of pot pies, frozen dinners and entrees. ConAgra has a license agreement with Marie Callender's Pie Shops Inc.

The purchase includes a production plant in Torrance, Calif. American Pie is headquartered in Woodbury, N.Y. All of American Pie's 125 employees are expected to join ConAgra.

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