US private-label group TreeHouse Foods has snapped up cheese and pudding assets owned by dairy co-op Associated Milk Producers. TreeHouse announced the acquisition of the aseptic units on Friday (30 November) for an undisclosed sum. The ...
Tags: private-label, TreeHouse, pudding assets, Associated Milk Producers
US snack firm Snyder's-Lance is reported to be in negotiations to offload its own-label snacks business Vista. Citing two unnamed sources, Bloomberg said ConAgra Foods, TreeHouse Foods and Ralcorp Holdings are interested in the unit, ...
Tags: Snyder's-Lance, own-label snacks, unnamed sources, ConAgra Foods
Post Holdings said this morning (22 October) that it expects to "meet or slightly exceed" its full-year earnings forecasts. The ready-to-eat cereal maker said that it expects to hit, or beat, its previously announced EBITDA guidance range ...
Tags: Post Holdings, earnings, cereal, food market
US cereal maker Post Holdings has recorded an increase in third-quarter profits and reaffirmed its outlook for the year. In the three months to the end of June, earnings reached US$15.8m, compared to $1.6m in the prior-year quarter, when ...
Tags: Post Holdings, cereal market, profits, earnings
US own-label group Ralcorp Holdings, which today (27 November) agreed to a takeover bid from ConAgra Foods, returned to profit in its fiscal 2012 year, boosted by acquisitions made during the year. In the 12 months to the end of ...
Tags: Foods, Foods industry, profit, operating profit
Ralcorp Holdings has acquired Italian private-label frozen ready meals maker Gelit for an undisclosed sum. Gelit, based in Cisterna di Latina, employs around 130 staff and produces frozen ready meals for sale in the US and Italy. The ...
Tags: Ralcorp Holdings, frozen ready meals, food industry, company news
Ralcorp Holding has sold its remaining stake in cereal maker Post Holdings as it looks to free up funds to support its growth strategy. The company said that the sale of its remaining 20% Post stake will reduce outstanding debt by ...
Tags: Ralcorp Holding, Post Holdings, growth strategy, food industry
Ron Wilkinson, president of Ralcorp Holdings' own-label cereal business, plans to leave the US food company. Wilkinson will step down from the role of president of Ralcorp Cereal Products on 30 September. "Ron has contributed greatly to ...
Tags: Ralcorp Holdings, Ron Wilkinson, food company, food industry
ConAgra Foods has swooped to buy US own-label group Ralcorp Holdings, a business that rejected a number of takeover bids from the company last year. The $90-a-share deal, which values Ralcorp at US$6.8bn, was announced today (27 ...
Tags: Ralcorp Holdings, Post Holdings, packaged food companies
US-based food manufacturer Ralcorp Holdings plans to consolidate its cereal,pasta,and snacks,sauces&spreads businesses into a single firm. Through the restructuring,the company expects to gain annual pre-tax cost savings of about$26m ...
Tags: cereal, pasta, snacks, sauces, consolidate
US-based ConAgra Foods, the packaged food provider, has announced the acquisition of Ralcorp, the manufacturer of private label food in the US, for approximately $6.8bn, which includes the assumption of debt. ConAgra Foods CEO Gary Rodkin ...
Tags: ConAgra Foods, Acquire, Ralcorp, packaged food provider, food
US-based ConAgra Foods has entered into an agreement to acquire Ralcorp, a leading manufacturer of private label food in the US, in a deal valued at approximately $6.8bn including debt. As a part of the agreement, Ralcorp shareholders ...
Tags: ConAgra Foods, acquire, Ralcorp, private label food
US packaged foods company ConAgra has completed the acquisition of Unilever's North American frozen meals business for a total cash consideration of$267m,a move which will strengthen its frozen food business. The agreement to acquire ...
Tags: acquisition, frozen meals business, cash consideration
US private-label food group Ralcorp Holdings has reported an increase in third-quarter profits, helped by higher sales and a gain from hedging contracts. Ralcorp, which makes cereals, sauces and pasta for US retailers, booked net earnings ...
Tags: private-label food, cereals, sauces, pasta, stocks