Tyson to sell Sara Lee and three other non-protein brands

Tyson to sell Sara Lee and three other non-protein brands

Tyson Foods, the No. 1 U.S. meat processor, said on Friday it would sell Sara Lee Frozen Bakery and three other non-protein brands to private-equity firm Kohlberg & Co., as the company sharpens its focus on its core business. Tyson did not disclose the financial terms of the deal, which includes the sale of Chef Pierre, Bistro Collection and its breakfast brand Van’s. “We’re focused on expanding Tyson Foods’ leadership position in protein,” Sally Grimes,…

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