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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.
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Post Holdings adquiere productos de patata de Idaho, aumentando sus ofertas de productos de patata y ganancias.