Sara Lee Names its North American Business
The business will house brands like Hillshire Farm, Jimmy Dean and Ball Park as well as frozen desserts and other bakery products, Sara Lee said. The name comes from the Hillshire Farm brand, which Sara Lee purchased in 1971.
The other company to emerge from Sara Lee will be an international coffee and tea company called D.E. Master Blenders 1753, referring to one of its coffee brands, Douwe Egberts, which began in 1753.
The two will become separate companies on June 28, after Sara Lee, based in Downers Grove, Ill., completes its split.
Hillshire Brands will remain based in Downers Grove, but the company is moving its headquarters to Chicago in early 2013.
Sean Connolly, who currently serves as CEO of Sara Lee’s North American retail and foodservice operations, will become CEO of Hillshire Brands.
From the June 6, 2012, Prepared Foods’ Daily News