Article
Investindustrial Prepping Approx. $3B Bid to Take TreeHouse Foods Private
London-based private equity firm Investindustrial is preparing an approximately $3 billion bid to take Oak Brook, Ill.-based food processing company TreeHouse Foods private, sources told Octus.
Goldman Sachs is representing TreeHouse Foods, which specializes in producing private-label packaged foods with 26 production facilities across the United States and Canada, the sources said.
Investindustrial is considering both bank and direct lending financing to back the potential buyout, according to sources.
For the 12 months ended June 30, TreeHouse Foods reported adjusted EBITDA of $351 million. See the company’s capital structure below.
The potential delisting process is still ongoing with a deal yet to be finalized, the sources stressed, noting that other bidders could emerge.
TreeHouse Foods has a market cap of about $803 million. The company trades on the New York Stock Exchange under the ticker THS. Its share price was quoted at about $15.91 a share at the time of writing.
Investindustrial, which specializes in funding medium-sized companies, already owns some TreeHouse Foods assets. The investment firm acquired significant portions of the company’s meal preparation business in 2022, according to an announcement.
The firm primarily invests in industrial manufacturing, consumer, and healthcare and services companies, according to its website. In the consumer market, Investindustrial bought a majority stake in Italian food chain Eataly in September 2022.
A food sector insights by Octus can be read HERE. Comparable companies to TreeHouseFoods can be seen HERE.
Goldman Sachs declined to comment. Investindustrial could not be reached for comment, and TreeHouse Foods did not return a request for comment.
TreeHouse Foods’ capital structure is shown below:
This publication has been prepared by Octus Intelligence, Inc. or one of its affiliates (collectively, "Octus") and is being provided to the recipient in connection with a subscription to one or more Octus products. Recipient’s use of the Octus platform is subject to Octus Terms of Use or the user agreement pursuant to which the recipient has access to the platform (the “Applicable Terms”). The recipient of this publication may not redistribute or republish any portion of the information contained herein other than with Octus express written consent or in accordance with the Applicable Terms. The information in this publication is for general informational purposes only and should not be construed as legal, investment, accounting or other professional advice on any subject matter or as a substitute for such advice. The recipient of this publication must comply with all applicable laws, including laws regarding the purchase and sale of securities. Octus obtains information from a wide variety of sources, which it believes to be reliable, but Octus does not make any representation, warranty, or certification as to the materiality or public availability of the information in this publication or that such information is accurate, complete, comprehensive or fit for a particular purpose. Recipients must make their own decisions about investment strategies or securities mentioned in this publication. Octus and its officers, directors, partners and employees expressly disclaim all liability relating to or arising from actions taken or not taken based on any or all of the information contained in this publication. © 2026 Octus. All rights reserved. Octus(TM) and the Octus logo are trademarks of Octus Intelligence, Inc.