TreeHouse Foods Closes $205 Million Acquisition of Harris Tea

MT Newswires Live

01/03

TreeHouse Foods (THS) said late Thursday it completed its acquisition of Harris Tea for about $205 million.

The transaction was funded primarily with cash on hand, according to TreeHouse. It expects the acquisition to be accretive to revenue and profitability in 2025.

The company reiterated its 2024 outlook, including for "sequential improvement in volume growth and profit margin in the fourth quarter."

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It expects the acquisition to be accretive to revenue and profitability in 2025.</p><p>The company reiterated its 2024 outlook, including for \"sequential improvement in volume growth and profit margin in the fourth quarter.\"</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"THS","symbol_name":"树屋食品","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2500976900","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2500976900","pubTimestamp":1735855539,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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