StockNews.AI
POST
StockNews.AI
169 days

Post Holdings Completes Acquisition of Potato Products of Idaho

1. Post Holdings completed the acquisition of Potato Products of Idaho. 2. The acquisition is effective March 3, 2025. 3. Financial details of the transaction were not disclosed. 4. Post operates various food brands, enhancing its market position. 5. This acquisition could expand Post's refrigerated product line.

-1.51%Current Return
VS
-1.18%S&P 500
$114.403/03 05:32 PM EDTEvent Start

$112.6703/05 12:09 AM EDTLatest Updated
4m saved
Insight
Article

FAQ

Why Bullish?

Acquisitions can lead to market expansion and revenue growth, aligning with Post's portfolio.

How important is it?

The acquisition indicates strategic growth, positively influencing investor sentiment and company valuation.

Why Long Term?

The acquisition effects will increase as integrated operations ramp up and potentially enhance revenue.

Related Companies

, /PRNewswire/ -- Post Holdings, Inc. (NYSE: Post) ("Post"), a consumer packaged goods holding company, announced today it has completed the previously announced acquisition of Potato Products of Idaho, L.L.C. ("PPI"), effective March 3, 2025. Financial details of the transaction were not disclosed. 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. For more information, visit www.postholdings.com. Contact:Investor RelationsDaniel O'Rourke[email protected] (314) 806-3959 Media RelationsTara Graytara[email protected] (314) 644-7648 SOURCE Post Holdings, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News