Richardson completes acquisition of 8th Avenue pasta business from Post Holdings
The purchase includes three key production facilities and brings the iconic Ronzoni retail pasta brand under Richardson’s umbrella, alongside private label and foodservice offerings.
USA – Richardson International Limited has finalized its acquisition of the pasta business from 8th Avenue Food & Provisions Inc., a subsidiary of Post Holdings Inc., in a deal valued at US$375 million in cash plus approximately US$80 million in leaseback liabilities.
Announced in late August 2025 and closed by November 30, the transaction strengthens Richardson’s vertical integration in the U.S. food sector, linking its durum wheat milling expertise directly to pasta production.
The purchase includes three key production facilities: a combined durum mill and pasta plant in Carrington, North Dakota; a pasta processing site in New Hope, Minnesota; and another in Winchester, Virginia.
It also brings the iconic Ronzoni retail pasta brand under Richardson’s umbrella, alongside private label and foodservice offerings.
Approximately 500 employees from 8th Avenue will transition to Richardson, enhancing its North American operations.
“This acquisition represents an exciting new chapter for Richardson,” stated Darwin Sobkow, President and CEO of Richardson International.
“The handling and milling of durum wheat is a core strength of our business, and the opportunity to extend our reach into pasta builds directly on that foundation.”
The move expands Richardson’s presence across retail, private label, foodservice, and ingredient channels, enabling innovation in finished pasta products.
For Post Holdings, the sale follows its US$880 million reacquisition of full ownership of 8th Avenue in July 2025.
Post retains the nut butter, fruit, and nut, and granola segments, integrating them into its Post Consumer Brands division, which features brands like Honey Bunches of Oats and Peter Pan peanut butter.
The divestiture aligns with Post’s US$500 million share repurchase program, sharpening focus on core consumer packaged goods.
Richardson, a Canadian agribusiness leader, views the pasta business as a natural extension of its grain origination and milling capabilities.
By controlling the supply chain from durum wheat to consumer-ready pasta, the company aims to drive growth amid rising demand for convenient, high-quality staples.
This strategic fit positions Richardson to innovate in product development and expand market reach in a competitive landscape.
The deal underscores ongoing consolidation in the food industry, where integrated models offer resilience against supply chain volatility.
As Richardson welcomes the 8th Avenue team, it reinforces its commitment to serving customers with reliable, value-added pasta solutions across North America.
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