Dive Brief:
- Post Holdings will pay $370 million to buy Dakota Growers Pasta from Viterra Inc.
- Viterra was acquired by Glencore Xstrata plc last year and has since sold off a number of non-core products.
- Post Holdings was spun off from Ralcorp just last year and has since made a number of acquisitions.
- Still, the purchase of a pasta company marks an unusual expansion by Post, maker of breakfast cereals such as Honey-Comb and Fruity Pebbles
