TreeHouse Foods to sell significant part of meal preparation business for $950m

TreeHouse Foods to sell significant part of meal preparation business for $950m

TreeHouse Foods, a US-based manufacturer and distributor of private label foods and beverages, has agreed to sell a significant part of its meal preparation business to Investindustrial, a European group of investment, holding, and advisory companies, for $950 million. The categories to be offloaded by TreeHouse Foods are pasta, preserves, pourable and spoonable dressing, syrup, […]

US-based TreeHouse Foods to explore strategic alternatives

US-based TreeHouse Foods to explore strategic alternatives

TreeHouse Foods, a US-based manufacturer and distributor of private label foods and beverages, said that its board of directors has sanctioned a plan to explore strategic alternatives. The alternatives include a potential sale of the company or a deal to enable it to concentrate on its higher growth snacking and beverages business by selling a […]