8th Avenue Food & Provisions

Post Holdings, a leading consumer packaged goods holding company, has announced a definitive agreement to acquire 8th Avenue, a diversified food manufacturer. Under the agreement, Post will eliminate 8th Avenue’s outstanding net debt and acquire all equity interests for a net payment of approximately $880 million. 8th Avenue specializes in branded and private label dry pasta, nut butters, granola, and fruit & nut products. Post-acquisition, Post Holdings will internalize the …