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New Deal


Announced

TreeHouse Foods to acquire the Northlake, Texas, coffee facility of Farmer Brothers for $100m.

Financials

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Transaction Value£80m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Friendly

Pending

United States

Acquisition

Infrastructure

Domestic

Food Products

Majority

Private

Single Bidder

coffee products

Synopsis

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TreeHouse Foods, a multinational food processing company, agreed to acquire the Northlake, Texas, coffee facility of Farmer Brothers, an American coffee foodservice company based in Northlake, Texas, for $100m. "The state-of-the-art Northlake facility strengthens TreeHouse Foods' category depth in coffee as a focused, private label leader and is consistent with our strategy to pursue opportunities that drive category growth and deliver attractive financial returns. As we continue to execute our long-term growth initiatives, we're pleased to add new capabilities, particularly in roasting and grinding, which make us a more vertically integrated coffee manufacturer able to further penetrate this high growth, high margin category," Steve Oakland, TreeHouse Foods CEO and President.

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