Items Tagged with "Private Label Acquisitions"
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Ralcorp’s ultimate rejection of ConAgra’s acquisition attempt is now yielding a class action lawsuit, as shareholders claim that the multiple-offer refusal was not in their best interests. The lawsuit was filed Monday by litigation services Brower Piven in the Missouri Circuit Court on b
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The takeover attempt by ConAgra of Ralcorp intensified early this week with Ralcorp rejecting another offer and ConAgra issuing an ultimatum -- Ralcorp had until 5 p.m. Monday to start discussions or it would walk away. And walk it did."Ralcorp has an established and strong track record of creating
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The third time was no charm for ConAgra as the food manufacturer’s sweetened offer to buy Ralcorp for $94 a share was greeted with a firm “no” from Ralcorp's board. “After careful review, our board of directors has determined that the separation of Post Foods from Ralcorp wil
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Although the board of directors of Ralcorp Holdings Inc. twice rejected acquisition bids from ConAgra Foods last week and adopted a “poison pill” to fend off takeover, some analysts predict ConAgra will take the offer directly to shareholders.ConAgra’s hiring of proxy solicitor Inn
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LiDestri Food & Beverage completed the acquisition of M.H. Zeigler’s & Sons LLC, the largest producer of fresh apple cider in the country.Based in Lansdale, Pa., Zeigler’s produces and bottles a variety of fresh and shelf-stable juices, lemonades, ice teas and other beverages und
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By Maureen AzzatoAn exclusive to Store Brands DecisionsThrough serial acquisition, TreeHouse Foods has grown to a $1.8 billion in five years. In 2005, five former Keebler executives founded the company with the original intent of acquiring consumer packaged goods companies. Since those early days, T
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Centerview Partners has acquired Randolph, Mass.-based Richelieu Foods Inc., a leading producer of premium private label pizza, salad dressing and other pourable products. Financial terms of the transaction were not disclosed.Richelieu Foods is a $250 million food manufacturer with four facilities i
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TreeHouse Foods, Inc. completed the previously announced acquisition of S.T. Specialty Foods for $180 million, plus up to an additional $15 million if the company achieves certain earnings targets for the year.Headquartered in Brooklyn Park, Minn., S.T. Specialty Foods Inc. produces private label ma
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Chicago -- Arbor Investments, based here, has completed the acquisition of Fieldbrook Foods Corporation. Fieldbrook, headquartered in Dunkirk, New York, is one of the largest U.S. manufacturers of private label frozen novelty and ice cream products. Arbor partnered with Herman “Bing” Gra
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Kroger Co. said it is interested in acquiring some private label manufacturing facilities -- and has already approached a few – but so far asking prices are too high."People who are selling still have some idea of a big multiple in their head," Kroger Chairman and Chief Executive David Dillon
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Private label manufacturer TreeHouse Foods believes its future success hinges on the consumer’s continued desire for value through the right combination of price and quality."Private label is here to stay" said CFO Dennis Riordan during a recent presentation to investors at a conference in Bos
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Ralcorp Holdings is purchasing American Italian Pasta Company (AIPC) for $1.2 billion in stock, or $53 a share, a deal that further deepens the company’s store brand food holdings.
Ralcorp, which sells cereals, corn snack products, syrups and salad dressings, said the deal will be fund
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Tags: ralcorp,
business,
store brand acquisitions,
private label acquisitions,
industry,
markets,
companies,
food and beverage,
american italian pasta company,
aipc,
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TreeHouse Foods Inc. has agreed to pay $600 million to buy Sturm Foods, a private label manufacturer of hot cereal and powdered soft-drink mixes for retailers.
Completion of the Sturm acquisition will make TreeHouse the leader in the private-label hot cereal and powdered soft-drink mix categories,
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Tags: private label food,
store brand food,
private label beverages,
store brand beverages,
business,
store brand acquisitions,
treehouse,
sam reed,
sturm foods,
private label acquisitions,
industry,
markets,
companies,
food and beverage,
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