In sync with this, the company tries to acquire high-margin generating businesses, while divesting the less profitable ones. In December 2018, Conagra inked a deal to sell Wesson oil brand to Richardson International. Prior to this, the company exited private label brands and non-key businesses including Spicetec and JM Swank and executed Lamb Weston's ( LW - Free Report ) spin-off in 2016. Moreover, the company concluded the sale of its Canadian Del Monte processed fruit and vegetable business to Bonduelle Group during the first quarter of fiscal 2019.