TreeHouse Foods completed the acquisition of the US branded pasta portfolio of Ebro for $242m.

TreeHouse Foods, a multinational food processing company, completed the acquisition of the US branded pasta portfolio of Ebro Foods, a company in the Spanish food processing sector, for $242m. "I want to welcome our newest members of the pasta team to TreeHouse. This acquisition represents a wonderful opportunity to not only strengthen our portfolio, but to bring together strong industry talent which will enable us to better serve our customers and to deliver greater value to our shareholders," Steve Oakland, TreeHouse Foods CEO and President.