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TreeHouse Completes Flagstone Foods Purchase

July 30, 2014
by Candy & Snack TODAY

Oakbrook, IL — TreeHouse Foods, Inc. has completed acquisition of Flagstone Foods, the acquiring firm reports.

The deal adds to its portfolio the latter’s purchasing, preparation, packaging and distribution capabilities for 1,500 branded and private label fruit and nut snacks and mixes. American Importing Co. (Amport Foods) and Ann’s House of Nuts are among Flagstone companies.

TreeHouse paid $840 million cash to Gryphon Investors and other shareholders, pending an adjustment for working capital.

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