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TreeHouse Foods to buy Flagstone Foods for $860 mln
date:Jul 01, 2014
Pickle maker TreeHouse Foods Inc said it will buy Flagstone Foods, a maker of private-label health snacks, for $860 million from Gryphon Investors.

TreeHouse shares rose 5 percent in premarket trading.

Flagstone is the top producer of trail mix and dried fruit that North American retailers brand and sell as their own, TreeHouse said.

Flagstone Foods is ideally situated at the intersection of health and wellness, snacking and the perimeter of the store, and represents an attractive new platfor

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