The transaction is valued at approximately $2.2 billion, including net debt. Upon completion of the transaction, The Jones Group will become a privately held company.
Effective January 1, 2014, the integrated North America business will be segmented into a traditional company and bottler operating model that will better suit the unique needs of the North America market.
Post announces two unrelated transactions to acquire Golden Boy Foods and Dymatize Enterprises, to expand into the private label and active nutrition categories.