just the facts - Post Holdings' M&A spree
Post has used acquisitions to extend beyond breakfast cereal
It is two years since US food group Ralcorp Holdings spun off branded breakfast cereal maker Post Holdings. And the Grape Nuts owner has, through a number of acquisitions, rapidly built a broader business designed to diversify away from a cereal market in the doldrums. Click on the headlines for more detail on Post's purchases.
Post kicked off its acquisitions with the purchase of Attune Foods, a branded breakfast cereal business but one operating in faster-growing segments like gluten free. The company disclosed the deal in a results announcement in February 2013.
9 May 2013
Post buys Hearthside cereal, snacks assets
The Honey Bunches of Oats owner strikes a US$158m deal to buy cereal, granola and snacks assets owned by Hearthside Food Solutions.
13 May 2013
Post Holdings: we have resources for more M&A
Announcing Post's results for the most recent quarter, Post CFO Rob Vitale told analysts M&A is "central" to the company's moves to "build long-term value".
2 August 2013
Post to acquire Premier Nutrition Corporation
The company signs a definitive agreement to acquire US protein food and drink maker Premier Nutrition Corporation (PNC) for US$180m. The move provides Post with a springboard into the active nutrition and supplement market.
16 September 2013
Cereals firm Post Holdings to buy Dakota Growers Pasta
Post enters pasta with a deal to buy Dakota Growers Pasta Co. from commodities giant Glencore. Post pays US$370m for the business, which it describes as a "leader" in the $5bn North American pasta market, in private-label retail, foodservice and ingredient channels.
9 December 2013
Post Holdings strikes two more deals
The company says it plans to pay C$320m for Canada-based peanut butter manufacturer Golden Boy and splash out another US$380m on protein bar firm Dymatize.
3 February 2014
US/SWITZ: Post to buy Nestle's PowerBar, Musashi brands
Post's ambitions continue into 2014 with a deal to buy Nestle's PowerBar and Musashi brands, expanding its sports nutrition business.
17 April 2014
US: Acquisitive Post Holdings swoops for Michael Foods
Deal-hungry US food group Post Holdings announces its biggest takeover - an agreement to buy egg-to-dairy supplier Michael Foods for US$2.45bn.
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