date:Aug 11, 2014
and other nut butter business.
We are pleased with the progress at Golden Boy and we like the prospects for private label nut butters, said William P. Stiritz, Post's Chairman and CEO. American Blanching will nicely complement Golden Boy and expand our presence in this growing category.
On a full year basis, American Blanching is expected to contribute approximately $135 million to net sales and approximately $14 million to $16 million of Adjusted EBITDA.
Terms of the agreement call for $128