date:May 06, 2019
red to Post Holdings.
TreeHouse Foods CEO and president Steve Oakland said: The ready-to-eat cereal category represents nearly $9bn in revenue at retail, and therefore, the business has a long runway for growth.
We believe that the RTE business has a wonderful opportunity to flourish under Posts ownership. Selling the ready-to-eat cereal business allows us to bring greater focus to the TreeHouse organisation and represents another step on our portfolio optimisation journey.
The transaction is