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TreeHouse Foods completes acquisition of Canada’s Protenergy Natural Foods
date:Jun 03, 2014
TreeHouse Foods (THS) has completed the acquisition of Protenergy Natural Foods, a developer and manufacturer of food and beverage products, for C$170m ($157m).

Protenergy Natural Foods produces private label broth, soups and gravies, and reported sales of nearly C$130m ($119.7m) for the twelve months ended 31 December 2013.

According to THS, the deal is expected to have nearly $0.05 to $0.07 impact on 2014 earnings per share and to add about $0.11 to $0.14 in EPS neat year.

THS has announced

03/05 05:03