Ralcorp To Continue Benefitting From Growth In Private Labels Following Takeover

US private label specialist Ralcorp has announced the acquisition of US pasta producer American Italian Pasta for US$1.2bn. On a day of significant expansion Ralcorp also announced the purchase of two Canada-based cracker producers, North American Baking and JT Bakeries, for an undisclosed price. All three firms are focused on private labels, highlighting Ralcorp's continued focus on this sector - a strategy that has seen the firm outperform the wider index over the last five years and which BMI believes will continue to pay dividends beyond the current economic

To read the full article, please choose one of the following options: