date:May 15, 2013
The purchase of Attune Foods in December and some of Hearthside Food Solutions assets earlier this month are part of Post Holdings, Inc.s proactive acquisition strategy, said Terry Block, president and chief operating officer of Post, in a May 13 conference call to discuss second-quarter earnings.
Mr. Block said Post in recent years has built cash to activate this strategy when appropriate. In December 2012, Post acquired San Francisco-based Attune Foods, a move he said gives Post a branded pla