Protenergy co-manufactures broths, soups, sauces and gravies for private-label and corporate brands, specializing in aseptic processing and Tetra Recart cartons.
TreeHouse Foods acquired Protenergy Natural Foods for $170 million in cash. The deal closed on May 30, 2014, involving Whitecastle Investments Limited and Whitecap Venture Partners as key sellers. TreeHouse, an Illinois-based food manufacturer, primarily serves retail grocery and foodservice sectors.
TreeHouse Foods acquires Protenergy Natural Foods in Maryland for **$150 million**. The deal includes a **$6 million investment** in new equipment to boost plant capacity. The expansion aims to create **35 new jobs** in the region.
TreeHouse acquires Protenergy Natural Foods, a producer of private-label broths, soups, and gravies. The move expands TreeHouse’s portfolio of natural and clean-label food products. Protenergy serves foodservice and retail customers with its specialty offerings.
TreeHouse Foods acquires Protenergy Natural Foods, a manufacturer of premium private-label broth, soups, and gravies. Protenergy reported CAD $130 million in sales for the year ending December 31, 2013. The deal closes with TreeHouse paying CAD $170 million (about US $150 million).
