TreeHouse Foods to acquire the Northlake, Texas, coffee facility of Farmer Brothers for $100m.

TreeHouse Foods, a multinational food processing company, agreed to acquire the Northlake, Texas, coffee facility of Farmer Brothers, an American coffee foodservice company based in Northlake, Texas, for $100m. "The state-of-the-art Northlake facility strengthens TreeHouse Foods' category depth in coffee as a focused, private label leader and is consistent with our strategy to pursue opportunities that drive category growth and deliver attractive financial returns. As we continue to execute our long-term growth initiatives, we're pleased to add new capabilities, particularly in roasting and grinding, which make us a more vertically integrated coffee manufacturer able to further penetrate this high growth, high margin category," Steve Oakland, TreeHouse Foods CEO and President.