Why THS' Harris Tea Acquisition Could Strengthen its Market Position

TreeHouse Foods, Inc. (THS) has concluded the previously announced (on Dec. 2, 2024) acquisition of Harris Tea for nearly $205 million, marking a strategic move to enhance its position in the private-label tea market. The acquisition was funded with cash on hand and is expected to be accretive to revenues and profitability beginning in 2025.Strategic Benefits of THS’ Latest AcquisitionThe acquisition of Harris Tea strategically leverages TreeHouse Foods' balance sheet strength, adding a fast-growing, high-m ...