TreeHouse Foods, Inc. Announces Acquisition of Private Brands Category Leader Harris Tea [Yahoo! Finance]
Treehouse Foods, Inc. (THS)
Last treehouse foods, inc. earnings: 2/13 06:55 am
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Source: Yahoo! Finance
it has signed a definitive agreement to acquire certain subsidiaries that operate the private brand tea business of Harris Freeman & Co, Inc. (" Harris Tea "), a leading private brand tea manufacturer in the U.S., for approximately $205 million , subject to customary purchase price adjustments. "The acquisition of Harris Tea strengthens our competitive positioning in the fast-growing tea category and adds unique blending and sourcing capabilities that customers desire, building upon TreeHouse Foods' category leadership, enhancing our position through additional depth and scale," said Steve Oakland , Chairman, Chief Executive Officer, and President. "This acquisition aligns with our long-term strategy to build capabilities in our higher-growth, higher-margin categories," he added. The acquisition includes Harris Tea's manufacturing facilities in Moorestown, NJ and Marietta, GA , and TreeHouse Foods will welcome approximately 300 Harris Tea team members. The acquisition of Harris Te
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News
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THS
Earnings
- 11/12/24 - In-Line
THS
Sec Filings
- 12/20/24 - Form 8-K
- 12/2/24 - Form 8-K
- 11/14/24 - Form SC
- THS's page on the SEC website