When it comes to breakfast, Post wants to serve up more than cereal: The company says it’s paying $1.5 B for the Bob Evans packaged food business, partly so it can have a “presence in breakfast sausage.” [More]
Post Holdings
Post To Hog Even More Cereal With $1.15B Purchase Of Rival MOM Brands
By 1.26.15
Piece by piece, cereal maker Post Holdings Co. has increased its portfolio to take on breakfast food behemoths Kellogg and General Mills. The mission to expand its bagged and hot cereal categories continued Monday with Post’s purchase of small, privately held rival MOM Brands Co. for $1.15 billion. [More]
