See food processing & packaging solutions in action at PACK EXPO East!
Discover new technology for packaged foods, problem-solve with experts and make quality connections—all in conveniently-located Philadelphia.

Post Holdings Buys Ready-to-Eat Cereal Business from TreeHouse Foods

The acquisition includes two facilities that feature a wide range of production capabilities across batch and extruded products, a research and development facility, and inventory valued at approximately $30 million.

Post Holdings Logo

St. Louis, Mo.-based consumer packaged goods holding company, Post Holdings has acquired the entirety of the ready-to-eat cereal business of TreeHouse Foods for $85 million. The transaction includes two facilities located in Lancaster, Ohio and Sparks, Nev., which feature a wide range of production capabilities across batch and extruded products, a research and development facility located in Sauget, Ill., and inventory valued at approximately $30 million.

“This transaction is another important step in our strategic journey to create value for our customers and our shareholders,” says Steve Oakland, CEO and president of TreeHouse Foods. “Based on our thorough efforts to find alternative buyers for the business, we believe this transaction is not only in the best interest of its employees and customers, but also gives the business the opportunity to flourish as part of Post. I want to express my gratitude to the approximately 500 RTE team members for their ongoing commitment, as we work closely with Post to facilitate a smooth transition for all stakeholders.”


Read article   Post Holdings Acquires Almark Foods


Operating in the center-of-the-store, refrigerated, foodservice, food ingredient, and convenient nutrition food categories, Post Holdings’ businesses include Post Consumer Brands, Weetabix, Michael Foods, Bob Evans Farms, and BellRing Brands. Post Consumer Brands is a leader in the North American ready-to-eat cereal category and also markets Peter Pan nut butters.

The financial results of the acquired RTE cereal business are expected to be reported in the Post Consumer Brands segment and are expected to be modestly dilutive to Post’s Adjusted EBITDA for fiscal year 2021 and accretive in fiscal year 2022.


How Can You Honor a Leader?
Induction into the Packaging & Processing Hall of Fame is the highest honor in our industry. Submit your leader to be considered for the Class of 2024 now through June 10th. New members will be inducted at PACK EXPO International in Chicago.
Read More
How Can You Honor a Leader?
Explore new technology for processed & packaged foods at PACK EXPO East
Discover the right food processing and packaging solutions, make the right connections and get up to speed on industry advances at the largest PACK EXPO East in history! Don’t miss out—join us March 18–20 in conveniently-located Philadelphia.
Read More
Explore new technology for processed & packaged foods at PACK EXPO East