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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]
In 2011, Ralcorp received an offer for the company from ConAgra Foods. Ralcorp resisted the attempt. Ralcorp also announced it was spinning off its Post Foods unit. [6] The spinoff was completed in 2012. [7] On November 27, 2012, ConAgra officials announced they were purchasing Ralcorp, pending Ralcorp shareholder approval, for about $4.95 billion.
Post Holdings, Inc. is an American consumer packaged goods holding company headquartered in St Louis, Missouri with businesses operating in the center-of-the-store, refrigerated, foodservice, and food ingredient categories. Its Post Consumer Brands business manufactures, markets, and sells both branded and private label products, mainly ...
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Post Foods characters (7 P) ... Ralcorp; W. Weetabix Limited This page was last edited on 6 February 2020, at 03:45 (UTC). Text is available under the ...
Cargill, the megasized Minnesota-based food production giant, is laying off about 5% of its global workforce as food commodity prices drop. Cargill is America’s largest privately held company ...
Post Foods and MOM Brands (another subsidiary of Post Holdings) have been combined into one business unit called Post Consumer Brands (see the press release here). However, currently Post Foods products and MOM Brands products continue to be branded and sold with their respective legacy logos. -- Mpeoysetr 14:44, 19 May 2016 (UTC)