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Cereal maker Post enters pasta business with $880M Ronzoni purchase originally appeared on Bring Me The News. Post, the foods manufacturer known for cereal brands including Malt-O-Meal and Fruity ...
Ronzoni pasta-maker coming to Lakeville in $880 million Post acquisition. Minnesota-based Post Consumer Brands, a subsidiary of St. Louis-based Post, will house 8th Avenue Food and Provisions, ...
Once the transaction closes, Post will become the top private label player in peanut and tree nut butter as well as granola, while being No. 2 in dry pasta. 8th Avenue recorded net revenue of $1.1 ...
Post formed 8th Avenue in 2018, transferring its private brands into a new business that received a cash infusion from private-equity firm THL. 8th Avenue acquired Ronzoni pasta in 2021.
Post, the foods manufacturer known for cereal brands including Malt-O-Meal and Fruity Pebbles, is entering the pasta business. St. Louis-based parent company Post Holdings announced it has bought back ...
Post Holdings is spending $880 million to buy out the remainder of 8th Avenue Food & Provisions, which owns the Ronzoni pasta brand and makes a variety of dried goods such as granola and nuts.
Post Holdings agreed to buy 8th Avenue Food & Provisions for $880 million, which includes assumed debt, reuniting the company with some private brands it previously owned.