Post Holdings Acquires Perfection Pet Foods for $235M
October 10, 2023
Post Holdings agreed to acquire the assets of Perfection Pet Foods, LLC for $235 million. The deal includes two manufacturing facilities in Visalia, California, and is expected to add roughly $25 million of Adjusted EBITDA over the first 12 months while enabling Post to insource capacity and enter the private-label and co-manufacturing pet food category.
- Buyers
- Post Holdings, Inc.
- Targets
- Perfection Pet Foods, LLC
- Sellers
- Perfection Pet Foods, LLC
- Industry
- Food & Beverage
- Location
- California, United States
- Transaction Type
- Buyout
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