Post Holdings acquires Potato Products of Idaho, boosting its potato product offerings and earnings.
Post Holdings, a food company, will acquire Potato Products of Idaho (PPI), a maker of refrigerated and frozen potato products, in early 2025. The deal includes PPI's Rigby, Idaho, manufacturing facility and is expected to boost Post's earnings by about $15 million. The acquisition aligns with Post's strategy to expand its potato product offerings and integrate with its existing brands like Simply Potatoes. Financial terms were not disclosed.
3 months ago
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