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Feb 8, 2023 · St. Louis – February 8, 2023 – Post Holdings, Inc. (NYSE: Post) (“Post”), a consumer packaged goods holding company, announced today it has signed a definitive agreement in which Post will acquire select pet food brands from The J.M. Smucker Co. for $1.2 billion.
In July 2017, Post Holdings bought Weetabix Limited for £1.4 billion. In 2019, the company began combining some of its MOM Brands and Weetabix cereal brands under the Three Sisters Cereal name. On December 8, 2020, Post Holdings announced that it was acquiring the Peter Pan peanut butter brand from Conagra Brands.
Apr 28, 2023 · St. Louis – April 28, 2023 – Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today announced it has completed the previously announced acquisition of select pet food brands from The J.M. Smucker Co., effective April 28, 2023.
Feb 9, 2023 · ORVILLE, OHIO — At the end of April, The J.M. Smucker Co. announced it had completed its divestiture of several pet food brands to Post Holdings, Inc. The transaction is valued at $1.2 billion, consisting of $700 million in cash and about 5.39 million shares of Post Holdings’ common stock.
- Keith Nunes
While the story of Post Holdings begins in 2012, our heritage dates back more than 100 years through our cereal and egg businesses. In 2012, Post Holdings separated from Ralcorp Holdings through a tax-free spin-off with the Post cereal brands forming our only operating segment.
On November 1, 2014, Post Holdings acquired American Blanching Company, a manufacturer of private label peanut butter. On May 4, 2015, Post Holdings purchased competitor MOM Brands, maker of the Malt-O-Meal line of cereals, for $1.15 billion ($1.05 billion cash and 2.5 million shares of Post Holdings stock).
Feb 10, 2023 · LOUIS — Post Holdings Inc. is acquiring several pet food brands and manufacturing assets from The J.M. Smucker Co. for approximately $1.2 billion. The acquisition will give Post Holdings...
