TreeHouse to Go Private in $1.17 Billion Deal with Industrial F&B Investments III -- Update

Dow Jones11-10

By Nicholas G. Miller

TreeHouse Foods agreed to be taken private by Industrial F&B Investments III in an all-cash deal worth nearly $1.2 billion.

The private label food and beverage company said its shareholders will receive $22.50 a share in cash, which represents a 38% premium to the company's closing price on Sep. 26, the last trading day prior to market speculation around a transaction.

Shareholders will also receive one contingent value right, allowing them to receive certain net proceeds from continuing litigation relating to part of TreeHouse Foods' coffee business.

The deal has an equity value of $1.17 billion, based on the total number of fully diluted shares, according to FactSet. TreeHouse said the deal has a total enterprise value of $2.9 billion. The transaction is expected to close in the first quarter of next year.

Industrial F&B Investments III is part of Investindustrial, a European investment group.

On Monday, TreeHouse Foods reported a third-quarter loss of $265.8 million, or $5.26 cents a share, compared with a loss of $3.4 million, or 7 cents a share, the year prior.

The company incurred a non-cash goodwill impairment loss of $289.7 million.

Adjusted earnings were 43 cents a share. Analysts expected 56 cents, according to FactSet.

Sales ticked up to $840.3 million from $839.1 million. Wall Street expected $849.7 million.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

November 10, 2025 07:20 ET (12:20 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Miller \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  TreeHouse Foods agreed to be taken private by Industrial F&amp;B Investments III in an all-cash deal worth nearly $1.2 billion. \n</p>\n<p>\n  The private label food and beverage company said its shareholders will receive $22.50 a share in cash, which represents a 38% premium to the company's closing price on Sep. 26, the last trading day prior to market speculation around a transaction. \n</p>\n<p>\n  Shareholders will also receive one contingent value right, allowing them to receive certain net proceeds from continuing litigation relating to part of TreeHouse Foods' coffee business. \n</p>\n<p>\n  The deal has an equity value of $1.17 billion, based on the total number of fully diluted shares, according to FactSet. TreeHouse said the deal has a total enterprise value of $2.9 billion. The transaction is expected to close in the first quarter of next year. \n</p>\n<p>\n  Industrial F&amp;B Investments III is part of Investindustrial, a European investment group. \n</p>\n<p>\n  On Monday, TreeHouse Foods reported a third-quarter loss of $265.8 million, or $5.26 cents a share, compared with a loss of $3.4 million, or 7 cents a share, the year prior. \n</p>\n<p>\n  The company incurred a non-cash goodwill impairment loss of $289.7 million. \n</p>\n<p>\n  Adjusted earnings were 43 cents a share. Analysts expected 56 cents, according to FactSet. \n</p>\n<p>\n  Sales ticked up to $840.3 million from $839.1 million. Wall Street expected $849.7 million. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Nicholas G. 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Miller \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  TreeHouse Foods agreed to be taken private by Industrial F&amp;B Investments III in an all-cash deal worth nearly $1.2 billion. \n</p>\n<p>\n  The private label food and beverage company said its shareholders will receive $22.50 a share in cash, which represents a 38% premium to the company's closing price on Sep. 26, the last trading day prior to market speculation around a transaction. \n</p>\n<p>\n  Shareholders will also receive one contingent value right, allowing them to receive certain net proceeds from continuing litigation relating to part of TreeHouse Foods' coffee business. \n</p>\n<p>\n  The deal has an equity value of $1.17 billion, based on the total number of fully diluted shares, according to FactSet. TreeHouse said the deal has a total enterprise value of $2.9 billion. 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Miller at nicholas.miller@wsj.com. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 10, 2025 07:20 ET (12:20 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"III","symbol_name":"信息服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2582149875","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2582149875","pubTimestamp":1762777200,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"TreeHouse Foods agreed to be taken private by Industrial F&B Investments III in an all-cash deal worth nearly $1.2 billion.The private label food and beverage company said its shareholders will receive $22.50 a share in cash, which represents a 38% premium to the company's closing price on Sep. 26, the last trading day prior to market speculation around a transaction.Shareholders will also receive one contingent value right, allowing them to receive certain net proceeds from continuing litigation relating to part of TreeHouse Foods' coffee business.The deal has an equity value of $1.17 billion, based on the total number of fully diluted shares, according to FactSet. 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Miller \n\n\n \n\n\n  TreeHouse Foods agreed to be taken private by Industrial F&B Investments III in an all-cash deal worth nearly $1.2 billion. \n\n\n  The private label food and beverage company said its shareholders will receive $22.50 a share in cash, which represents a 38% premium to the company's closing price on Sep. 26, the last trading day prior to market speculation around a transaction. \n\n\n  Shareholders will also receive one contingent value right, allowing them to receive certain net proceeds from continuing litigation relating to part of TreeHouse Foods' coffee business. \n\n\n  The deal has an equity value of $1.17 billion, based on the total number of fully diluted shares, according to FactSet. TreeHouse said the deal has a total enterprise value of $2.9 billion. The transaction is expected to close in the first quarter of next year. \n\n\n  Industrial F&B Investments III is part of Investindustrial, a European investment group. \n\n\n  On Monday, TreeHouse Foods reported a third-quarter loss of $265.8 million, or $5.26 cents a share, compared with a loss of $3.4 million, or 7 cents a share, the year prior. \n\n\n  The company incurred a non-cash goodwill impairment loss of $289.7 million. \n\n\n  Adjusted earnings were 43 cents a share. Analysts expected 56 cents, according to FactSet. \n\n\n  Sales ticked up to $840.3 million from $839.1 million. Wall Street expected $849.7 million. \n\n\n \n\n\n  Write to Nicholas G. 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