date:Jan 06, 2014
Post Foods, a US-based cereal brands manufacturer, has bought Dakota Growers Pasta from Viterra, a wholly-owned subsidiary of Glencore Xstrata, for $370m in cash.
Dakota Growers is located in Carrington, North Dakota, where it operates durum wheat milling and pasta production sites; it also has production capabilities in New Hope, Minnesota.
In September 2013, Post signed a deal to acquire Dakota Growers.
Post chairman and CEO William P Stiritz then said, With Dakota Growers, Post continues t