June 21/Oak Brook, Ill./Press Release -- TreeHouse Foods Inc. has entered an agreement to acquire Cains Foods L.P. for $35 million. Cains Foods is a manufacturer of mayonnaise, dressings and sauces that includes private label brands as well as the Cains, Naturally Delicious and Olde Cape Cod brands.

“Cains has a nearly 100-year tradition of manufacturing high-quality products, and this is a very good business with experienced management and a dedicated team of employees,” said Sam. K. Reed, chairman, president and chief executive officer. “Cains will be a great fit within the TreeHouse family, rounding out our industry-leading assortment of private label pourable and spoonable dressings.”

Cains Foods generates about $80 million in annual revenue, and its products go to both retail and foodservice outlets.