Coming to numbers, Conagra Brands anticipates to generate annual run-rate cost synergies of roughly $215 million, by the end of fiscal 2022. Also, Conagra Brands expects this deal to augment fiscal 2020 bottom-line growth by low-single digits, while adjusted EPS growth in fiscal 2022 is expected to receive a high single-digit boost from this consolidation. Clearly, this union deems fit, especially at a time when demand for the frozen foods and snacks category is perking up. While Conagra Brands bolsters its portfolio through well-chalked acquisitions, it has been exiting less-profitable business areas to utilize resources efficiently. This is evident from the divestiture of Del Monte processed fruit and vegetable business to Bonduelle Group in July 2018. Prior to this, the company exited private label brands and non-key businesses including Spicetec and JM Swank in 2016.