Post Holdings has undergone significant change in the last two years through a spate of M&A. While there are questions about the outlook for some of the newly-acquired assets - and for its core cereal...
Post Holdings, the owner of US breakfast cereal brands Grape Nuts and Honey Bunches of Oats, said today (25 November) it is preparing for sales in the sector to decline again over the next 12 months.
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. just-food runs through the deals.
Post Holdings, the US food group best known for breakfast cereals, has broadened its business in the last 18 months. This week, Post continued its expansion in what it calls "active nutrition" with the acquisition of Nestle's sports nutrition business. However, Post has a challenge on its hands revitalising flagship brand PowerBar. Dean Best reports.
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