Post Holdings, with Thomas H. Lee Partners, Announces Completion of Separate Capitalization of 8th Avenue Food & Provisions
October 01 2018 - 5:00PM
Post Holdings, Inc. (NYSE:POST) (“Post”), a consumer packaged goods
holding company, announced today the completion of the previously
announced agreement with Thomas H. Lee Partners, L.P. to separately
capitalize 8th Avenue Food & Provisions, the holding company
for Post’s private brands business, effective October 1, 2018.
About Post Holdings, Inc.
Post Holdings, Inc., headquartered in St. Louis, Missouri, is a
consumer packaged goods holding company operating in the
center-of-the-store, refrigerated, foodservice, food ingredient,
and active nutrition food categories. Through its Post Consumer
Brands business, Post is a leader in the North American
ready-to-eat cereal category offering a broad portfolio including
recognized brands such as Honey Bunches of Oats®, Pebbles™, Great
Grains® and Malt-O-Meal® bag cereal. Post also is a leader in the
United Kingdom ready-to-eat cereal category with the iconic
Weetabix® brand. As a leader in refrigerated foods, Post delivers
innovative, value-added egg and refrigerated potato products to the
foodservice channel and the retail refrigerated side dish category,
offering side dishes and egg, sausage and cheese products through
the Bob Evans®, Simply Potatoes®, All Whites®, Better’n Eggs® and
Crystal Farms® brands. Post’s Active Nutrition platform brings good
energy to a wide range of consumers looking to live healthy lives
through brands such as Premier Protein®, PowerBar® and Dymatize®.
Post participates in the private brand food category through its
partnership with Thomas H. Lee Partners in 8th Avenue Food &
Provisions, a leading, private brand centric, consumer products
holding company. For more information, visit
www.postholdings.com.
About Thomas H. Lee Partners, L.P.
Thomas H. Lee Partners, L.P. is a premier private equity firm
investing in middle market growth companies, headquartered in North
America, exclusively in four industry sectors: Business &
Financial Services, Consumer & Retail, Healthcare, and Media,
Information Services & Technology. Using the firm’s deep domain
expertise and the internal operating capabilities of its Strategic
Resource Group, THL seeks to create deal sourcing advantages, and
to accelerate growth and improve operations in its portfolio
companies in partnership with management teams. Since its founding
in 1974, THL has raised over $25 billion of equity capital,
acquired over 140 portfolio companies and completed over 360 add-on
acquisitions which collectively represent a combined enterprise
value at the time of acquisition of over $200 billion.
Contact:
Post Media RelationsLisa Hanlylisa.hanly@postholdings.com(314)
665-3180
Post Investor RelationsJennifer
Meyerjennifer.meyer@postholdings.com(314) 644-7665
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