Food & Beverage M&A » By The Online Investor Staff, updated Thu., Mar. 4, 12:45 AM
Recent mergers and acquisitions in the Food & Beverage M&A category.
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Slide #26. Post Holdings — Dakota Growers Pasta Company
Acquirer:
Post Holdings (NYSE:POST)
Acquiree:
Dakota Growers Pasta Company
Details:
Post Holdings, Inc. (NYSE:POST) today announced it has completed the previously announced acquisition of private label pasta manufacturer Dakota Growers Pasta Company, Inc., effective January 1, 2014.
Post Holdings is a consumer packaged goods holding company. Co.'s segments are: Post Consumer Brands, which manufactures, markets and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products; Weetabix, which markets and distributes branded and private label RTE cereal products; Foodservice, which produces and distributes egg and potato products; Refrigerated Retail, which produces and distributes side dishes, eggs and egg products, sausage, cheese and other dairy and refrigerated products; and BellRing Brands, which markets and distributes ready-to-drink (RTD) protein shakes, other RTD beverages, powders and nutrition bars in the nutrition category.
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Avg. Broker Rec.
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Strong Buy (4.00 out of 4) 84th percentile
(ranked higher than approx. 84% of all stocks covered)
Analysts' Target Price: POST Stock Forecast Based on Zacks ABR data; powered by Xignite |
