Parsippany, N.J.-based Pinnacle Foods Inc., manufacturer and distributor of major food brands such as Birds Eye, Duncan Hines, Vlasic and Mrs. Butterworth’s, opened for trading on Thursday on the New York Stock Exchange (NYSE) under the ticker symbol “PF” after its initial public offering (IPO).
“We’re excited to welcome Pinnacle Foods and its family of iconic brands to the New York Stock Exchange,” said Scott Cutler, EVP and head of global listings for NYSE Euronext. “Through innovation and a focus on excellence, Pinnacle Foods’ products continue to grace the nation’s households after more than 150 years. We congratulate Pinnacle Foods on its IPO and are proud to partner with the company as it embarks on its journey as a publicly-traded company.”
“I am honored to represent all employees of Pinnacle Foods who have worked tirelessly to make this day a reality,” said Pinnacle Foods CEO Bob Gamgort. “By reinvigorating our portfolio of iconic brands, we have built a company that can satisfy the needs of our consumers, partner with our retailers and create value for our investors. We look forward to continuing to build the value of this great company for years to come.”
Barclays Capital is the designated market maker for the company’s stock.
In the featured image: Pinnacle Foods Inc. CEO Bob Gamgort, center, with members of the company’s leadership team, rings the NYSE Opening Bell to celebrate Pinnacle Foods’ IPO and first day of trading on the NYSE on March 28.