date:Nov 19, 2018
a strategic process led by the Schwan family, the companys board of directors and members of the senior management team to identify the right company to invest in the long-term future of Schwans, according to the company.
Once the transaction is closed, Schwans will reportedly be operated as a subsidiary of CJ Foods America Corp., and its operations will continue to be headquartered at its corporate offices in Marshall and Bloomington, Minnesota.