TreeHouse Foods - M&A Summary and Business Overview

FoodCompany

TreeHouse Foods M&A Summary

TreeHouse Foods has acquired 20 companies, including 3 in the last 5 years. A total of 11 acquisitions came from private equity firms. It has also divested 7 assets.

TreeHouse Foods’ largest acquisition to date was in 2016, when it acquired ConAgra Foods - Private Label Operations for $2.7B. It’s largest disclosed sale occurred in 2019, when it sold Flagstone Foods to Atlas Holdings for $90M. TreeHouse Foods has acquired in 8 different US states, and 2 countries. The Company’s most targeted sectors include food (93%) and consumer products (8%).

TreeHouse Foods Business Overview

Where is TreeHouse Foods headquartered?

TreeHouse Foods is headquartered in Oak Brook, Illinois.

What is TreeHouse Foods’ revenue?

TreeHouse Foods disclosed revenue of 3,432M USD for 2023 and 3,297M USD for 2022.

How many employees does TreeHouse Foods have?

TreeHouse Foods has 7,400 employees.

What sector is TreeHouse Foods in?

TreeHouse Foods is a food company.

When was TreeHouse Foods founded?

TreeHouse Foods was founded in 1862.

M&A Summary

  • M&A Total Activity21
    • M&A Buy Activity14
    • M&A Sell Activity7
  • Total Sectors Invested 2
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 23
  • M&A Advisors 9

TreeHouse Foods

TreeHouse Foods, Inc.

2021 Spring Road, Suite 600,
Oak Brook, Illinois 60523
United States,
(708) 483-1300
www.treehousefoods.com

TreeHouse Foods is a food manufacturer servicing primarily the retail grocery and foodservice channels. Its major product lines include non-dairy powdered creamer; canned soup, refrigerated and shelf stable salad dressings and sauces; powdered drink mixes; instant oatmeal and hot cereals; macaroni and cheese, skillet dinners and other value-added side dishes and salads; salsa and Mexican sauces; jams and pie fillings under the E.D. Smith brand name; pickles and related products; and other food products including aseptic sauces and liquid non-dairy creamer. TreeHouse Foods was founded in 1862 and is based in Oak Brook, Illinois.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 11 1 - - 1 1 14
vol $4.7B $243M $20M $205M $5.2B
Sell (0.8/yr) # 3 1 1 1 1 - 7
vol $122M $85M $63M $270M
  21

Most Recent M&A

Company Date Value Type
Harris Freeman & Co., Inc. 2024-12-02 205M USD Add-on Acquisition
Anaheim, California · www.harrisfreeman.com
J. M. Smucker - Fermented Food Condiment Brands 2023-10-17 20M USD Divestiture
, United States
Treehouse Foods - Snack Bars Business 2023-09-06 63M USD Divestiture
Lakeville, Minnesota
TreeHouse Foods, Inc. - Meal Preparation Division 2022-08-11 - Divestiture
Oak Brook, Illinois
TreeHouse Foods, Inc. - Ready-to-Eat Cereal Business 2021-06-01 85M USD Divestiture
Oak Brook, Illinois
Riviana Foods, Inc. 2020-11-05 243M USD Divestiture
Houston, Texas · www.riviana.com
TreeHouse Foods, Inc. - Two In-Store Bakery Facilities 2020-01-13 - Divestiture
Oak Brook, Illinois
Flagstone Foods, Inc. 2019-07-08 90M USD Divestiture
Minneapolis, Minnesota · www.flagstonefoods.com
TreeHouse Foods, Inc. - McCann’s Irish Oatmeal 2018-07-16 32M USD Divestiture
Oak Brook, Illinois · www.mcanns.ie
Riverbend Foods LLC 2017-05-24 - Divestiture
Pittsburgh, Pennsylvania · www.riverbendfoods.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Riviana Foods, Inc. 2020-11-05 Ronzoni 2021-03-29 1
Houston, Texas · www.riviana.com Winchester, Virginia · www.ronzoni.com

M&A by Sector

Sector Buy # Value Sell # Value
Food 13 (93%) 5.2B (100%) 7 (100%) 270M (100%)
Consumer Products 1 (7%) 25M (< 1%) - -
Total 14 $5.2B 7 $270M

By Geo

State/Country Buy Value Sell Value
United States 12 4.9B 7 270M
  Minnesota 2 1.0B 2 153M
  Illinois - - 4 117M
  Wisconsin 2 625M - -
  Texas 2 243M - -
  Pennsylvania 1 - 1 -
  Missouri 1 - - -
  Massachusetts 1 35M - -
  California 1 205M - -
Canada 2 330M - -
  Ontario 2 330M - -
Domestic 12 (86%) 4.9B (94%) 7 (100%) 270M (100%)
Cross-border 2 (14%) 330M (6%) - -
Total 14 $5.2B 7 $270M

Top M&A Advisors

Financial Deals
Evercore Group
2
William Blair
1
Perella Weinberg Partners
1
Legal Deals
Winston & Strawn
5
Gibson, Dunn & Crutcher
2
Stikeman Elliott
1

Deal Values

buy # Total
> $1B 1 $2.7B
$100M to $1B 7 $2.4B
< $100M 3 $80M
TOTAL $5.2B
Largest ConAgra Foods - Private Label Operations
$2.7B (2016-02-01)
sell # Total
< $100M 4 $270M
TOTAL $270M
Largest Flagstone Foods, Inc.
$90M (2019-07-08)

M&A Connections

Deals
Acquired from
Investor(s)
36%
5 (36%)
Strategic(s)
36%
5 (36%)
Divested to
Investor(s)
43%
3 (43%)
Strategic(s)
57%
4 (57%)

 Subscribe to unlock this and 209,180
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 202K M&A Transactions
  • 205K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.