Post Holdings to explore options for its private brands businesses

Post Holdings said it plans to explore options for its private brands business, which makes nut butter, pasta and granola products for top retailers, distributors and manufacturers.

The Brentwood-based company said it was looking at options, including an initial public offering, a placement of private equity, a sale or a strategic combination.

Post Holdings was spun off from St. Louis-based Ralcorp in 2012. Through a number of acquisitions, it has evolved from a cereal brands business to a diversified consumer products holding company.

The company operates its business under five units: Post Consumer Brands, Michael Foods Group, Active Nutrition, Private Brands and Weetabix.

Post’s private brands businesses had net sales totaling $791.2 million and net earnings of $43.4 million for the fiscal year that ended Sept. 30.

Read more: St. Louis Post-Dispatch

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