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Medallion Foods

Medallion Foods is an Arkansas-based producer of corn-based snack foods owned by Shearer's Foods.

Last updated August 31, 2026

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Overview

Medallion Foods Inc. is a snack-food producer based in Newport, Arkansas, United States. The company was established in 1987 and built its business around the manufacture of corn-based snack products. Publicly available reference material identifies Medallion Foods primarily as a production company rather than as a widely marketed consumer-facing brand, and detailed information about its individual product names, distribution arrangements, leadership, and current operating scale is limited. The company became part of a larger packaged-food portfolio in 2005, when Ralcorp Holdings acquired Medallion Foods for $101.8 million. That transaction connected the Newport operation to Ralcorp's broader private-label and branded-food activities. Ralcorp was subsequently acquired by ConAgra Foods, meaning Medallion Foods passed into ConAgra's ownership through that corporate succession. In April 2014, Shearer's Foods acquired Medallion Foods from ConAgra Foods for $33.5 million. The acquisition added Medallion's corn-snack manufacturing capabilities and Newport, Arkansas facility to Shearer's expanding snack-food operations. Shearer's Foods is known for manufacturing snack products, including items made for private-label and branded channels, making Medallion strategically relevant as a production asset within a larger snack-focused group. The available sources do not establish a separate public website, a detailed retail brand architecture, named flagship products, or a comprehensive account of the company's post-2014 operations. Medallion Foods is therefore best characterized as an active, privately held snack-food manufacturing business within Shearer's Foods rather than an internationally prominent standalone consumer brand.

History

Medallion Foods was established in Newport, Arkansas, in 1987. From its beginnings, the company operated as a snack-food producer specializing in corn-based products. The available historical record does not provide detailed information about its founders, early management, specific product labels, or initial distribution footprint, but it identifies the Newport operation as the company's long-term base. A major change in ownership occurred in 2005, when Ralcorp Holdings acquired Medallion Foods for $101.8 million. The purchase placed the company within Ralcorp's broader portfolio of food manufacturing and private-label businesses. For Medallion, the transaction represented a shift from independent operation to participation in a larger packaged-food group, while preserving its role as a producer of corn-based snack products. Medallion Foods later came under the ownership of ConAgra Foods through ConAgra's acquisition of Ralcorp Holdings. This succession made the Newport facility part of ConAgra's larger food-manufacturing structure. Public sources do not provide extensive detail about changes to Medallion's products, staffing, branding, or production strategy during the period under Ralcorp and ConAgra ownership. In April 2014, Shearer's Foods acquired Medallion Foods from ConAgra Foods for $33.5 million. The deal brought Medallion's manufacturing capabilities into a company focused heavily on snack foods. The acquisition was consistent with Shearer's interest in expanding its production network and snack-making capacity, particularly in products that could serve branded and private-label channels. Following the 2014 transaction, Medallion Foods remained associated with Shearer's Foods. The available reference material does not identify a later sale, closure, bankruptcy, public listing, or rebranding. It also does not supply enough information to document current executives, named product lines, marketing campaigns, or detailed financial performance. On the evidence available, Medallion Foods is an active, privately held Arkansas snack-food manufacturing business whose principal historical milestones are its 1987 founding and its ownership transitions through Ralcorp, ConAgra Foods, and Shearer's Foods.

  • 2014

    Acquisition by Shearer's Foods

    [1]

    In April 2014, Shearer's Foods purchases Medallion Foods from ConAgra Foods for $33.5 million.

  • 2005

    Acquisition by Ralcorp Holdings

    [1]

    Ralcorp Holdings acquires Medallion Foods for $101.8 million.

  • 1987

    Medallion Foods is established in Newport

    [1]

    Medallion Foods is established in Newport, Arkansas, as a producer of corn-based snack products.

Products and positioning

A regional snack-food manufacturing operation focused on corn-based products and integrated into the broader Shearer's Foods production network.

  • Snack foods

    Corn-based snack products

    Medallion Foods is described as producing corn-based snack products. The available reference material does not identify specific product names, package formats, recipes, or consumer brands. Its role appears to have been primarily manufacturing-oriented, with production incorporated into larger food-company portfolios.

Brand decisions

  • 2014

    Shearer's Foods acquires Medallion FoodsM&A

    Background

    Medallion Foods was owned by ConAgra Foods after Ralcorp Holdings became part of ConAgra's corporate structure. Shearer's Foods pursued the company as part of its snack-food manufacturing expansion.

    Action taken

    In April 2014, Shearer's Foods acquired Medallion Foods from ConAgra Foods for $33.5 million.

    Aftermath

    Medallion Foods became part of Shearer's Foods and its broader snack-manufacturing network.

    Acquisition price. $33.5 million (April 2014 acquisition)

  • 2005

    Ralcorp acquires Medallion FoodsM&A

    Background

    Medallion Foods was an established Arkansas producer of corn-based snack foods when Ralcorp Holdings purchased the company.

    Action taken

    Ralcorp Holdings acquired Medallion Foods for $101.8 million.

    Aftermath

    Medallion Foods became part of Ralcorp's broader packaged-food portfolio and later passed to ConAgra Foods when ConAgra acquired Ralcorp.

    Acquisition price. $101.8 million (2005 acquisition)

Recent events

  • 2014

    Shearer's Foods acquires Medallion Foods from ConAgra Foods[1]

    M&A

    In April 2014, Shearer's Foods acquired Medallion Foods from ConAgra Foods for $33.5 million, adding the corn-snack producer and its Newport manufacturing operation to Shearer's business.

  • 2005

    Ralcorp Holdings acquires Medallion Foods[1]

    M&A

    Ralcorp Holdings purchased Medallion Foods for $101.8 million, bringing the Newport, Arkansas snack-food producer into its packaged-food portfolio.

Sources1 sources

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