ConAgra Foods, Inc. operates as a food company in North America and internationally. The company supplies frozen potato and sweet potato products, as well as other vegetable, spice, and grain products to various restaurants, foodservice operators, and commercial customers. The company also manufactures and sells private label products. Segments The company operates in two segments, Consumer Foods and Commercial Foods. Consumer Foods The Consumer Foods segment offers branded, private label, and customized food products, which are sold in various retail and foodservice channels, principally in North America. The products include categories, such as meals, entrees, condiments, sides, snacks, and desserts across frozen, refrigerated, and shelf-stable temperature classes. The company's major brands include Alexia, ACT II, Banquet, Blue Bonnet, Chef Boyardee, DAVID, Egg Beaters, Healthy Choice, Hebrew National, Hunt’s, Marie Callender’s, Odom’s Tennessee Pride, Orville Redenbacher’s, PAM, Peter Pan, Reddi-wip, Slim Jim, Snack Pack, Swiss Miss, Van Camp’s, and Wesson. Commercial Foods The Commercial Foods segment offers commercially branded foods and ingredients, which are sold principally to foodservice, food manufacturing, and industrial customers. The segment’s primary products include specialty potato products, milled grain ingredients, various vegetable products, seasonings, blends, and flavors which are sold under brands, such as ConAgra Mills, Lamb Weston, and Spicetec Flavors & Seasonings. Acquisitions In May 2012, the company acquired Kangaroo Brands’ pita chip operations. The business manufactures private label and Kangaroo brand pita chip snacks. In March 2012, the company acquired Del Monte Canada. The acquisition includes all Del Monte branded packaged fruit, fruit snacks, and vegetable products in Canada, as well as Aylmer brand tomato products. In November 2011, the company acquired National Pretzel Company, a private label supplier and branded producer of pretzels and related products. In November 2011, the company acquired an additional equity interest in Agro Tech Foods Limited, a publicly traded company in India that markets food and food ingredients to consumers and institutional customers in India. Customers The company serves various customers, such as supermarkets, warehouse clubs, and food distributors. Its major customer is Wal-Mart Stores, Inc. Research and Development The company's research and development expense was $86 million in the period ended May 27, 2012. History ConAgra Foods, Inc. was founded in 1919. The company was incorporated as a Nebraska corporation in 1919 and was reincorporated as a Delaware corporation in 1975.