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Slide #45. Post Holdings, Inc. — Premier Nutrition Corporation
Acquirer:
Post Holdings, Inc. (NYSE:POST)
Acquiree:
Premier Nutrition Corporation
Details:
Post Holdings, Inc. (NYSE: POST), a leading manufacturer, marketer and distributor of branded ready to eat cereals, today announced it has completed the previously announced acquisition of the branded food and beverage business of Premier Nutrition Corporation, effective September 1, 2013.
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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![]() 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 ![]() |
