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Post Holdings completes sale of pasta business
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Wednesday, 03 December, 2025, 14 : 00 PM [IST]
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St.Louis, USA
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Post Holdings, a leading consumer-packaged goods holding company, announced today that it has completed the sale of the pasta business of 8th Avenue Food & Provisions, Inc., effective December 1, 2025.
The divestment marks the fulfillment of a deal first announced in August 2025, under which Post agreed to sell the pasta operations to Richardson (US) Holdings Limited. Under the terms disclosed at the time, Richardson had committed to pay US$ 375 million in cash and assume approximately US$ 80 million in leaseback liabilities.
As a result of the sale, Post retains 8th Avenue’s nut butter, granola, and fruit-and-nut product lines, which will continue to operate under its existing divisions. The company had previously acquired 8th Avenue on July 1, 2025, as part of a broader strategy to expand its retail and private-label portfolio.
Post Holdings said the sale aligns with its strategic focus on core businesses and will enable the company to reallocate resources to growth areas, including ready-to-eat cereals, refrigerated foods, and other center-of-store categories.
Headquartered in St. Louis, Post Holdings operates globally with diverse brands spanning ready-to-eat cereals, refrigerated foods, foodservice offerings, and specialty ingredients. Beyond 8th Avenue, its portfolio includes well-known names like Weetabix, Michael Foods, and Bob Evans Farms.
The completion of this sale completes another significant transaction in Post’s ongoing efforts to streamline its operations, focus on core strengths, and optimise its portfolio amid evolving industry dynamics.
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