TreeHouse Foods buys Harris Tea for $205M to boost its private brand tea market presence.

TreeHouse Foods is set to acquire Harris Tea for about $205 million, strengthening its position in the private brand tea market. The deal, expected to close in the first quarter of 2025, includes Harris Tea's facilities in New Jersey and Georgia, along with 300 employees. The acquisition aims to enhance TreeHouse Foods' tea business with unique blending and sourcing capabilities, potentially boosting growth and margins.

December 02, 2024
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