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Ralcorp Acquires Petri Baking

July 1, 2012
The Post-Journal

ST. LOUIS - Ralcorp Holdings Inc. (NYSE: RAH), owner of Carriage House Companies in Fredonia, has announced that it has completed the acquisition of Petri Baking Products Inc.

Terms were not disclosed.

Petri Baking Products is based in Silver Creek and employs more than 240 people. The business will operate as part of Ralcorp's Snacks, Sauces and Spreads division.

"We are pleased to complete this transaction, which complements Ralcorp's cookie product offerings," said Kevin J. Hunt, chief executive officer and president of Ralcorp. "We welcome the Petri Baking Products management team and employees to the Ralcorp family."

Petri Baking Products manufactures and distributes a complete line of cookies with a homemade look, feel and taste. The company produces both soft style and crunchy wire-cut cookies for customers in a variety of retail channels.

Ralcorp produces a variety of private-brand foods sold under the individual labels of various grocery, mass merchandise and drugstore retailers, and frozen bakery products sold to in-store bakeries, restaurants and other food-service customers. Carriage House is the nation's largest supplier of store brand preserves and jellies, peanut butter, table syrups and dressings and operates in Kentucky and Illinois in addition to New York.

 
 

 

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