TreeHouse Foods Inc. plans to acquire Protenergy Natural Foods.
April 21/Pittsburgh/Press Release -- TreeHouse Foods Inc. is bulking up on its private label broths, soups and gravies business, with plans to acquire Protenergy Natural Foods for approximately $150 million.
TreeHouse makes private-label soups and notes the purchase includes Protenergy's headquarters in the Toronto area and a second plant in Cambridge, Md. Protenergy employs about 300 people and reported 2013 sales of about $118 million.