TreeHouse Foods has agreed to pay $242.5 million to acquire the majority of the U.S. branded pasta portfolio of Riviana Foods, a subsidiary of Ebro. The acquisition includes the Skinner, No Yolks, American Beauty, Creamette, San Giorgio, Prince and Light 'n Fluffy, Mrs. Weiss’, Wacky Mac, P&R Procino-Rossi, and New Mill brands, as well as the St. Louis manufacturing facility.
Subject to customary closing conditions, the transaction is expected to close in the fourth quarter of this year.
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