Hillshire Brands sells Australian bakery business to McCain Foods
date:Dec 20, 2012
rst half of calendar year 2013, and is subject to customary closing conditions and regulatory clearance.

The Sara Lee Australian bakery operation is an excellent business that will complement McCains strengths, said Sean Connolly, CEO of Hillshire Brands. The sale of this business enables Hillshire Brands to focus on driving growth and innovation in our retail and foodservice segments in North America.

Hillshire Brands Australian Bakery business has approximately 500 employees and one primary
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