Post Holdings Makes Bold Move Into Potato Market With PPI Buyout [Yahoo! Finance]
Post Holdings, Inc. (POST)
Last post holdings, inc. earnings: 2/6 05:00 pm
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Source: Yahoo! Finance
Keeping along these lines, this prominent consumer packaged goods holding company stated that it has agreed to take over Potato Products of Idaho, L.L.C. (PPI), signaling its entry into the refrigerated and frozen potato market. The deal is expected to close in the first calendar quarter of 2025, corresponding to POST's second quarter of fiscal 2025. While financial details remain undisclosed, the acquisition is a calculated move aimed at strengthening Post Holdings' product portfolio and operational capabilities in a growing market. It looks like the company is aiming to expand in the potato products space, as exemplified by recent reports suggesting POST is showing interest in acquiring Lamb Weston Holdings LW. That said, the acquisition of PPI, which comprises a manufacturing facility in Rigby, ID, aligns with Post Holdings' goal of enhancing its supply chain and production capabilities. By diversifying into value-added potato products, the company taps into a category witnessi
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News
- Post Holdings Issues 2024 Sustainability Report [Yahoo! Finance]Yahoo! Finance
- Post Holdings Issues 2024 Sustainability ReportPR Newswire
- Post Holdings to Acquire Potato Products of Idaho [Yahoo! Finance]Yahoo! Finance
- Post Holdings to Acquire Potato Products of IdahoPR Newswire
- Dymatize Expands Science-Backed Sports Nutrition Portfolio with Performance Protein Shake and Energyze Pre-Workout [Yahoo! Finance]Yahoo! Finance
POST
Earnings
- 11/14/24 - Beat
POST
Sec Filings
- 12/9/24 - Form 4
- 12/9/24 - Form ARS
- 12/9/24 - Form DEFA14A
- POST's page on the SEC website