Investindustrial to Acquire TreeHouse Foods in $2.9 Billion Deal

Paul, Weiss is advising Investindustrial on the financing aspects of its acquisition of leading North American snacking and beverage manufacturer TreeHouse Foods, Inc. in an all-cash transaction valued at $2.9 billion. Under the agreement, TreeHouse will become a private company operating independently within Investindustrial’s portfolio. The transaction, which has been unanimously approved by TreeHouse’s board of directors, is expected to close in the first quarter of 2026, subject to customary closing conditions. 

The Paul, Weiss team is led by corporate partners Eric Wedel, Matthew Leist, Caroline Epstein and Neel Sachdev, and included partners Stefan Arnold-Soulby, Matthew Merkle, Deidre Jones and Reva Raghavan.