THS - Mergers and acquisitions

OAK BROOK, Ill., June 30, 2023 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE:THS) announced that it has completed the acquisition of the Northlake, Texas, coffee facility and non-Direct Store Delivery coffee business (referred to as Direct Ship) from Farmer Brothers Company (NASDAQ:FARM) for approximately $100 million.    The state-of-the-art Northlake facility, built in 2017, brings roasting, grinding, flavoring and blending capabilities to the TreeHouse Foods portfolio to complement the Company's existing single-serve pod and ready-to-drink coffee businesses. The acquisition enables TreeHouse Foods to deliver greater category depth in an end-to-end private label coffee offering – from bagged

OAK BROOK, Ill., May 6, 2021 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE:THS) today reported first quarter GAAP earnings per diluted share from continuing operations of $0.01 compared to a loss of $(0.58) for the first quarter of 2020. Adjusted earnings per diluted share from continuing operations1 was $0.36 in the first quarter of 2021 compared to $0.37 in the first quarter of 2020. "I'm proud of the underlying strength in our business that is reflected in our first quarter results, as revenue across most of our growth categories continued to outpace the rest of private label, while delivering strong profitability," said Steve Oakland, Chief Executive Officer and President. "Our results de

OAK BROOK, Ill., Feb. 11, 2021 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) today reported fourth quarter GAAP earnings per diluted share from continuing operations of $1.29 compared to $0.27 reported for the fourth quarter of 2019. The Company generated adjusted earnings per diluted share from continuing operations1 of $1.07 in the fourth quarter of 2020 compared to $1.10 in the fourth quarter of 2019. "I'm incredibly proud of our TreeHouse teammates and all that we accomplished in 2020," said Steve Oakland, Chief Executive Officer and President. "The progress we've made at TreeHouse over the last several years against our strategic pillars has strengthened our business, improved o

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 enable us to better serve our customers and to deliver greater value to our shareholders." TreeHouse expects the acquisition to be accreti