TreeHouse Foods, Inc. (NYSE: THS) has successfully finalized the sale of its Lakeville, Minnesota manufacturing facility and snack bars business to John B. Sanfilippo & Son, Inc. (NASDAQ: JBSS) in a cash transaction valued at approximately $61 million. The Lakeville, MN manufacturing facility played a pivotal role in producing a diverse range of private label […]
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, […]
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 […]