Protenergy Natural Foods had sales of approximately CAD $130m for the 12 months ended 31 December 2013.
TreeHouse paid CAD $170m in cash for the business, subject to an adjustment for working capital, and financed the transaction under its existing credit facility.
The company confirmed that the transaction is expected to have approximately $0.05 to $0.07 impact on 2014 earnings per share and to add approximately $0.11 to $0.14 in EPS in 2015.
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