Inside BENEO’s new pulse plant: pioneering sustainable protein from faba beans
The newly established, Standalone Company will be known as Flagstone Foods
TreeHouse Foods, Inc. has announced that it has completed the sale of its snack nuts and trail mix business to Atlas Holdings for $90 million, subject to customary closing and post-closing adjustments. The newly established, Standalone Company will be known as Flagstone Foods.
“I believe that the sale to Atlas best positions the Snacks division for success,” said Steve Oakland, CEO and President of TreeHouse Foods. “Accomplishing a clean sale for TreeHouse allows us to immediately focus our efforts, pay down debt, have a healthier margin structure and improve our ability to drive shareholder value over time.”