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Philip Morris Companies acquired General Foods in 1985 and Kraft Inc. in 1988, eventually merging them as Kraft Foods Inc. before the cereal unit was sold to Ralcorp in 2007. In 2011, Ralcorp announced plans to spin off Post Foods into a separate company. About a quarter of Ralcorp's sales in 2010 were generated by its Post Foods unit. [14]
On December 31, 2012, Post Holdings acquired Attune Foods, a marketer of premium organic cereals and snacks under the Attune, Uncle Sam and Erewhon brands. [7]On May 28, 2013, Post Holdings purchased the branded and private label cereal, granola and snacks business of Hearthside Food Solutions, which included the Golden Temple, Peace Cereal, Sweet Home Farm and Willamette Valley Granola ...
On May 28, 2013, Post Holdings purchased the branded and private label cereal, granola and snacks business of Hearthside Food Solutions, which included the Golden Temple, Peace Cereal, Sweet Home Farm and Willamette Valley Granola Company brands, originally Yogi Bhajan's Sikh Dharma International's Golden Temple of Oregon's cereal division. [10 ...
Post expects the acquisition to be modestly dilutive to its Fiscal 2021 adjusted EBITDA and accretive in Fiscal 2022. (See Post Post Holdings Buys Cereal Business from TreeHouse Foods for $85M
Post Holdings (POST) acquires the ready-to-eat ("RTE") cereal business from TreeHouse Foods. The acquisition is expected to augment Post Holdings' bottom line in fiscal 2022.
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Attune Foods is a manufacturer of natural and organic cereals [1] and probiotic snack bars [2] that was purchased by Post Foods in 2013. [1] [3] The company was founded in 1908, with the introduction of Uncle Sam Cereal, which it still sells. Its other brands are Erewhon, New Morning, and Skinner's. [1]
Marjorie Merriweather Post (March 15, 1887 – September 12, 1973) was an American businesswoman, socialite, and philanthropist. She was the daughter of C. W. Post and the owner of General Foods Corporation. For much of Marjorie Post's life, she was known as the wealthiest woman in the United States. [1] [2]