date:Jun 27, 2014
aker Post Holdings Inc clinched a deal to buy Michael Foods in April for $2.45 billion.
Food companies are looking at moving into the health and wellness category as shoppers look for healthier options in the supermarket.
Post Holdings, for example, has recently bought a number of companies that help consumers lead healthy lifestyles, including protein bar makers Dymatize and PowerBar.
Gryphon created Flagstone in 2010 through the merger of Amport Foods and Ann's House of Nuts. The company is