The Hillshire Brands Co. (NYSE: HSH) is buying Van's Natural Foods for $165 million.

Van's, headquartered in Phoenix, sells better-for-you food, including frozen breakfast and snack foods. The company sells frozen waffles, frozen pancakes, cereal, crackers and snack bars. Van's is backed by private equity firm Catterton Partners.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.