Post Holdings

Post Holdings, Inc.

Post Holdings, Inc. logo
Type	Public
Traded as	NYSE: POST S&P 400 Component
Industry	Food processing
Predecessor	Ralcorp
Headquarters	Brentwood, Missouri
Key people	William Stiritz,[1] Rob Vitale[2]
Products	Breakfast cereals, granola, egg substitutes, refrigerated potatoes, cheese, protein bars, protein shakes, protein powders, dry pasta, peanut butter, almond butter, cashew butter, dried fruits, baking nuts, snacking nuts
Subsidiaries	Post Consumer Brands Bob Evans Farms Michael Foods Active Nutrition Weetabix Limited 8th Avenue Food & Provisions
Website	postholdings.com

Post Holdings (officially Post Holdings, Inc.) is a consumer packaged goods holding company headquartered in the suburban St. Louis community of Brentwood, Missouri. It operates in the center-of-the-store, foodservice, food ingredient, refrigerated, active nutrition and private label categories. Its Post Consumer Brands business manufactures, markets and sells both branded and private label cereal products. Its Michael Foods Group business supplies value-added egg products and refrigerated potato products to the foodservice and food ingredient channels. Through its Post Refrigerated Retail business, Post offers potato, egg, sausage and cheese refrigerated side dishes products. Its active nutrition business markets and distributes protein beverages, bars and gels. 8th Avenue Food & Provisions, Post's Private Brands business, manufactures private label peanut butter and other nut butter, dried fruit and nut, pasta and granola products.

Acquisitions and Announcements

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.^[3]

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.^[4] Post combined this business with Attune Foods.

On September 1, 2013, Post Holdings acquired Premier Nutrition Company, a marketer of premium protein shakes and bars under the Premier Protein brand and nutritional supplements under the Joint Juice brand.^[5]

On January 1, 2014, Post Holdings acquired private label pasta manufacturer Dakota Growers Pasta Company.^[6]

On February 1, 2014, Post Holdings acquired Golden Boy Foods and Dymatize Enterprises.^[7] Golden Boy Foods is a manufacturer of private label peanut and other nut butters, as well as dried fruits and snacking nuts. Dymatize Enterprises is a manufacturer and marketer of premium protein powders, bars and nutritional supplements.

On October 1, 2014, Post Holdings acquired PowerBar, Musashi and related worldwide assets from Nestlé.^[8]

On June 2, 2014, Post Holdings acquired Michael Foods, a producer of value-added food products and service solutions to customers across the foodservice, retail and food ingredient channels including egg products, refrigerated potato products and cheese and other dairy case products through the Papetti’s, AllWhites, Better‘n Eggs, Easy Eggs, Abbotsford Farms, Simply Potatoes and Crystal Farms brands.^[9]

On November 1, 2014, Post Holdings acquired American Blanching Company, a manufacturer of private label peanut butter.^[10]

On May 4, 2015, Post Holdings purchased competitor MOM Brands, maker of the Malt-O-Meal line of cereals, for $1.15 billion ($1.05 billion cash and 2.5 million shares of Post Holdings stock).^[11]

On October 5, 2015, Post Holdings acquired Willamette Egg Farms, a producer, processor and wholesale distributor of eggs and egg products.^[12]

On July 3, 2017, Post Holdings acquired Weetabix Limited, UK based manufacturer of the Weetabix, Alpen and Ready Brek brands of breakfast cereals, from Bright Food and Baring Private Equity Asia for $1.4 billion.^[13]

On January 12, 2018, Post Holdings acquired Bob Evans Farms, a leading producer and distributor of refrigerated potato, pasta and vegetable-based side dishes, pork sausage, and a variety of refrigerated and frozen convenience food items under the Bob Evans Farms, Owens, Country Creek and Pineland Farms brands.^[14]

On August 2, 2018, Post Holdings announced it formed 8th Avenue Food & Provisions, consisting of Post's private brands business, and entered into an agreement with Thomas H. Lee Partners, L.P., a private equity company, in which Post and THL together will separately capitalize 8th Avenue. ^[15]

References