Dive Summary:
- Post Holdings, Inc. has agreed to pay $180 million to acquire Premier Nutrition Corporation.
- PNC's brands including Premier Protein, Joint Juice and Titan protein bars and cookies.
- Current PNC CEO David Ritterbush is expected to stay on in his role as Post uses the deal to boost its presence in the nutrition and supplements space.
From the article:
Post Holdings, Inc., has signed a definitive agreement to acquire Premier Nutrition Corporation for $180 million in cash. The acquisition will provide Post a platform in the growing active nutrition and supplements businesses. ...