Terms of the transaction were not disclosed, but are not expected to have a material effect on TreeHouse’s results. The business sells products to foodservice and retail customers, and will be integrated into the company’s existing Bay Valley Foods aseptic operation which also produces cheese and pudding products primarily for its Food Away From Home segment.
Sam Reed, chairman, president and CEO, said: “The addition of AMPI’s aseptic cheese and pudding business will strengthen Bay Valley Foods’ position as a market leader in these product categories and will expand our relationships with strategic customers.
“Together with the acquisition of Naturally Fresh, we have added approximately $100m of annualised sales in 2012 with products that greatly complement our existing portfolio.”
Source: TreeHouse Foods
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