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Tyson Foods Explores Sale of Pizza Crust Business

1 min read

Tyson Foods Inc. of Springdale said Tuesday that it is exploring the sale of its pizza crust business, TNT Crust, “as part of its strategic focus on protein.”

“We’re focused on maximizing the full potential of our core business, and this divestiture will help pave the way for growth in our protein brands,” Sally Grimes, group president of Prepared Foods, said in a news release. “We believe a potential buyer will see the value of the pizza crust business as a whole, including the TNT Crust brand, the facilities, and the talented team members, and will be able to focus on its future.”

The unit includes partially baked crusts, flat breads and self-rising crusts as well as the company’s two manufacturing facilities in Green Bay, Wisconsin. 

Tyson said it would retain the tortilla production from the facilities. Goldman Sachs is acting as the company’s financial advisor on the sale.

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