Post Holdings Inc. Purchases Minnesota's Own MOM Brands
Posted by Travis Bridell on Friday, January 30, 2015 at 12:00 AM
By Travis Bridell / January 30, 2015
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"The transaction is expected to be completed by the third calendar quarter of 2015, Post's fiscal fourth quarter, subject to customary closing conditions including the expiration of waiting periods under U.S. antitrust laws. The transaction has been approved by MOM Brands' shareholders."

"Chris Neugent, current Chairman and CEO of MOM Brands, will lead the MOM Brands business as President reporting to Mr. Koulouris. Post and MOM Brands will establish a transition team comprised of members of both companies to prepare for and to oversee the integration of the businesses."Post has only been around in its current form since February 2012 when it was spun off for the second time in five years, originally by Kraft Foods and then Ralcorp Holdings. The group has also made a few other acquisitions recently, including a $2.45 billion purchase of Michael Foods, Inc. Photo by: Phil -- Malt-O-Meal
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