Post Holdings to Acquire Potato Products of Idaho
Post Holdings, Inc., headquartered in St. Louis, Missouri, is a consumer packaged goods holding company with businesses operating in the center-of-the-store, refrigerated, foodservice and food ingredient categories. Courtesy Post Holdings, Inc.
Post Holdings, Inc., a consumer packaged goods holding company, announced it has agreed to acquire Potato Products of Idaho, L.L.C. ("PPI"). Financial details of the transaction were not disclosed.
PPI is a manufacturer and packager of refrigerated and frozen potato products. The acquisition includes a manufacturing facility in Rigby, Idaho.
The acquisition is expected to be completed in the first calendar quarter of 2025, Post's second quarter of fiscal year 2025, subject to customary closing conditions.
About Post Holdings, Inc.
Post Holdings, Inc., headquartered in St. Louis, Missouri, is a consumer packaged goods holding company with businesses operating in the center-of-the-store, refrigerated, foodservice and food ingredient categories. Its businesses include Post Consumer Brands, Weetabix, Michael Foods and Bob Evans Farms. Post Consumer Brands is a leader in the North American ready-to-eat cereal and pet food categories and also markets Peter Pan peanut butter. Weetabix is home to the United Kingdom's number one selling ready-to-eat cereal brand, Weetabix. Michael Foods and Bob Evans Farms are leaders in refrigerated foods, delivering innovative, value-added egg and refrigerated potato side dish products to the foodservice and retail channels. Post participates in the private brand food category through its ownership interest in 8th Avenue Food & Provisions, Inc.
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