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Post Holdings and Conagra Brands Announce Completion of Acquisition of Peter Pan® Peanut Butter Brand by Post Holdings

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ST. LOUIS, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE:POST) (“Post”) and Conagra Brands, Inc. (NYSE:CAG) (“Conagra”) today announced that Post has completed the previously announced acquisition of the Peter Pan® peanut butter brand from Conagra, effective today.

About Post Holdings, Inc.

Post Holdings, Inc., headquartered in St. Louis, Missouri, is a consumer packaged goods holding company operating in the center-of-the-store, refrigerated, foodservice, food ingredient and convenient nutrition food categories. Its businesses include Post Consumer Brands, Weetabix, Michael Foods, Bob Evans Farms and BellRing Brands. Post Consumer Brands is a leader in the North American ready-to-eat cereal category and also markets Peter Pan® peanut butter. Weetabix is home to the United Kingdom’s number one selling ready-to-eat cereal brand, Weetabix®. Michael Foods and Bob Evans Farms are leaders in refrigerated foods, delivering innovative, value-added egg and refrigerated potato side dish products to the foodservice and retail channels. Post’s publicly-traded subsidiary BellRing Brands, Inc. is a holding company operating in the global convenient nutrition category through its primary brands of Premier Protein® and Dymatize®. Post participates in the private brand food category through its investment with third parties in 8th Avenue Food & Provisions, Inc., a leading, private brand centric, consumer products holding company. For more information, visit www.postholdings.com.

About Conagra Brands

Conagra Brands, Inc. (NYSE: CAG), headquartered in Chicago, is one of North America's leading branded food companies. Guided by an entrepreneurial spirit, Conagra Brands combines a rich heritage of making great food with a sharpened focus on innovation. The company’s portfolio is evolving to satisfy people's changing food preferences. Conagra’s iconic brands, such as Birds Eye®, Marie Callender's®, Banquet®, Healthy Choice®, Slim Jim®, Reddi-wip®, and Vlasic®, as well as emerging brands, including Angie's® BOOMCHICKAPOP®, Duke's®, Earth Balance®, Gardein®, and Frontera®, offer choices for every occasion. For more information, visit www.conagrabrands.com.

Post Holdings Contacts:
Investor Relations
Jennifer Meyer
jennifer.meyer@postholdings.com
(314) 644-7665

Media Relations
Lisa Hanly
lisa.hanly@postholdings.com
(314) 665-3180

Conagra Brands Contacts:
Media Relations
Dan Hare
Daniel.hare@conagra.com
(312) 549-5355

Investor Relations
Brian Kearney
ir@conagra.com
(312) 549-5002


Post Holdings, Inc.

NYSE:POST

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6.38B
43.99M
18.5%
96.53%
3.07%
Breakfast Cereal Manufacturing
Manufacturing
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United States of America
ST. LOUIS

About POST

post holdings, headquartered in st. louis, missouri, is a consumer packaged goods holding company operating in the center-of-the-store, refrigerated, active nutrition and private label food categories. post's center-of-the-store portfolio includes diverse offerings to meet the taste and nutritional needs of all families, including such favorites as honey bunches of oats®, pebbles™, great grains®, post® shredded wheat, post® raisin bran, grape-nuts® and honeycomb®. post also offers premium natural and organic cereal, granola and snacks through the attune®, uncle sam®, erewhon®, golden temple™, peace cereal®, sweet home farm® and willamette valley granola company™ brands. post's refrigerated portfolio, through michael foods, includes value-added egg products, refrigerated potato products and cheese and other dairy case products and the papetti's®, all whites®, better'n eggs®, easy eggs®, abbotsford farms®, simply potatoes® and crystal farms® brands. post's active nutrition platform