European private equity firm Investindustrial is reportedly in advanced negotiations to acquire private-label food manufacturer TreeHouse. The deal is valued at approximately $3 billion, inclusive of debt, according to sources familiar with the matter.
TreeHouse, known for its focus on private-label food products in North America, has become an attractive target amid ongoing consolidation in the food manufacturing sector. The proposed acquisition would mark a significant move for Investindustrial into the food industry, complementing its existing portfolio of investments.
The negotiations are still in progress, and details such as the final purchase price and deal structure could change. Representatives for Investindustrial and TreeHouse declined to comment on the ongoing discussions. The transaction underscores strong investor interest in the private-label food segment, which has seen sustained demand from retailers and consumers alike.