Post Holdings, Inc., a consumer packaged goods holding company, announced today it has agreed to acquire Potato Products of Idaho. Financial details of the transaction were not disclosed.
PPI is a manufacturer and packager of refrigerated and frozen potato products. The acquisition includes a manufacturing facility in Rigby, Idaho. The acquisition is expected to be completed in the first calendar quarter of 2025, Post's second quarter of fiscal year 2025, subject to customary closing conditions.
Forward-looking statements
Certain matters discussed in this release are forward-looking statements. These forward-looking statements are made based on known events and circumstances at the time of release, and as such, are subject to uncertainty and changes in circumstances. These forward-looking statements include the anticipated timing of completion of the acquisition. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from the forward-looking statements made herein.
These risks and uncertainties include risks relating to the timing and ability to satisfy the closing conditions for the proposed acquisition, the occurrence of any event, change, or other circumstance that could delay the closing of the proposed acquisition and other risks and uncertainties described in Post's filings with the Securities and Exchange Commission. These forward-looking statements represent Post's judgment as of the date of this release. Post disclaims, however, any intent or obligation to update these forward-looking statements. All forward-looking statements in this release are qualified in their entirety by this cautionary statement.
For more information:
Daniel O'Rourke
Post Holdings
Tel: +1 (314) 806 3959
Email: [email protected]
www.postholdings.com