Post Holdings has completed the takeover of Golden Boy Foods and Dymatize Enterprises in two separate transactions.
The acquisitions are in line with the company's efforts to expand into the private label and active nutrition segments.
Golden Boy is a manufacturer of private label peanut and other nut butters, as well as dried fruit, baking and snacking nuts. It operates three plants in Canada and two in the US, and caters to the retail and foodservice channels.
Dymatize produces and markets protein powders, bars and nutritional supplements under the Dymatize and Supreme Protein brands.
In December 2013, Post signed a C$320m deal with affiliates of Tricor Pacific Capital and shareholders to buy Golden Boy and a separate agreement with affiliates of TA Associates and other owners to acquire Dymatize for $380m.
Post chairman and CEO William P Stiritz then said, "Active nutrition and private label are exciting categories with organic growth and consolidation opportunities."
The acquired entities complement Post's active nutrition focus by expanding its channel diversification.
