TreeHouse Foods Completes Acquisition of Majority of Ebro's Riviana Foods U.S. Branded Pastas
Share this article Share this article OAK BROOK, Ill., Dec. 11, 2020 /PRNewswire/ -- TreeHouse Foods (NYSE: THS) announced that it has completed the acquisition of the majority of Ebro's Riviana Foods U.S. branded pasta business for $242.5 million in cash, subject to customary adjustments based on inventory at closing. "I want to welcome our newest members of the pasta team to TreeHouse," said Steve Oakland, CEO and President of TreeHouse Foods. "This acquisition represents a wonderful opportunity to not only strengthen our portfolio, but to bring together strong industry talent which will e...
Source: prnewswire.com