TreeHouse Foods Acquires Harris Tea Business for Approximately $205 Million
January 2, 2025
TreeHouse Foods, Inc. signed a definitive agreement to acquire certain subsidiaries operating the private brand tea business of Harris Freeman & Co (Harris Tea) for approximately $205 million. The deal includes Harris Tea’s manufacturing facilities in Moorestown, New Jersey and Marietta, Georgia, and is expected to be margin-accretive and provide vertical integration into TreeHouse’s tea business. TreeHouse later completed the acquisition for approximately $205 million.
- Buyers
- TreeHouse Foods, Inc.
- Targets
- Harris Tea (certain subsidiaries that operate the private brand tea business of Harris Freeman & Co, Inc.)
- Sellers
- Harris Freeman & Co, Inc.
- Industry
- Food & Beverage
- Location
- United States
- Transaction Type
- Buyout
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