Pinnacle Foods to acquire Boulder Brands in $975 million transactionStaff writer ▼ | November 25, 2015
Pinnacle Foods will buy Boulder Brands to expand its presence in the natural and organic retail channel and provides Pinnacle with a new growth platform in refrigerated foods.
Acquisition Expanding the presence in the natural and organic retail
The transaction is subject to customary closing conditions and is expected to be completed in the first quarter of 2016. Pinnacle expects the transaction to be accretive to EPS beginning in 2016. ■