as nyse ths s & p 400 component industry grocery product manufacturer founded 2005 headquarters oak brook illinois united states products private label grocery products revenue 2.9 billion usd 2014 number of employees 7000 approximate website http www.treehousefoods.com companies portal treehouse foods located in oak brook illinois is a multinational food processing company specializing in producing private label packaged foods . 1 2 3 created in 2005 4 and consisting entirely of acquisitions 4 in 2010 the company had sales of 2 billion 4 and employed over 4000 people at 20 facilities . 4 food processing magazine named them their 2010 processor of the year 4 calling them the biggest company you never heard of . 4 5 the company is a component of the s & p 600 6 and in 2014 was the 46th largest food and beverage company in north america . 7 contents 1 history 1.1 acquisitions and subsidiaries 1.1.1 sturm foods 2 business model 3 references 4 external links history edit in 2005 dean specialty foods was spun off from dean foods as bay valley foods llc a division of treehouse foods inc. 8 in june of that year treehouse foods started trading on the new york stock exchange with a ticker of ths . 8 michelle obama was a member of the board of directors from 2005 2007 . 9 terdema ussery president and ceo of the national basketball association s dallas mavericks serves on the board of directors . 10 acquisitions and subsidiaries edit 2006 acquired the soup business of del monte foods company . 11 2007 acquired the salsa and picante business of san antonio farms acquired jam jelly syrup and pie filling both brand name and private label producer e.d. smith founded by the canadian politician e.d. smith 11 2010 acquired sturm foods and s.t. specialty foods 11 2013 acquired naturally fresh inc. cains foods 12 13 and associated brands 8 14 2014 made a bid to acquire michael foods group inc 15 16 2014 acquired flagstone foods for 860 million . 17 18 19 in april 2014 treehouse acquired private label soup and gravy maker protenergy natural foods from whitecastle investments . 20 in june 2014 treehouse announced that it was buying minnesota based flagstone foods for 860 million as a way to gain access to the growing healthy snacks category . 21 the company said the acquisition would push its annual turnover towards 3.5 billion . 22 in november 2015 treehouse agreed to purchase conagra foods private brand business known as ralcorp for 2.7 b. 23 sturm foods edit sturm foods incorporated type public industry dry grocery product manufacturer founded 1905 headquarters manawa wisconsin united states products seasonings puddings gelatins powdered drink mixes single serve k cups dried oatmeal organic products liquid beverage enhancers revenue 77.4 million usd 2006 number of employees 1 000 approximate website external link sturm foods is a subsidiary company that manufactures dry groceries under private label brands and distributes them to the foodservice industry and grocery suppliers throughout the world . sturm foods origin was a dairy farm operation begun in 1905 by arthur sturm and his four sons . the boys began buying eggs from local farmers and shipping them to relatives in chicago for sale there . this small business eventually expanded into other commodities during the 1930s such as sugar seed twine potatoes flour coal and gasoline . world war ii helped increase the business at that point known as a. sturm & sons . the company began manufacturing for the first time bulk amounts of dried food products such as eggs and powdered milk to be delivered to american servicemen on the battle fronts . the company entered the private label distribution market in the early 1970s and continues this business model to the current day . the business flourished throughout the eighties and nineties with a broadening product line and employment increasing from 150 to 500 employees . in may 2005 sturm foods was acquired by the llc and private equity firm hm capital partners . monday december 1 2009 hm capital announced that sturm foods was sold to treehouse foods for approximately 660 million . the purchase price is made up of 400m in new debt issuance 100m in equity stock with the remainder funded by treehouse s existing revolving credit facility . with this purchase the us soup to salad dressings firm has made a move to further expand its dry grocery offerings . for the 12 months leading to september 30 2009 sturm generated sales of 340m . following the acquisition treehouse has estimated that it will have pro forma sales of around 1.9 bn and adjusted ebitda of over 275m . the company also expects the transaction to be more than 16 % accretive on an annualised basis following the acquisition adding 0.38 to 0.40 in earnings per share . business model edit the company s primary business strategy is to acquire producers of private label products in canada and the u.s. 24 it services both the retail grocery 9 and the foodservice distribution channels . 25 26 in addition to private brand non dairy creamers single serving coffee pods 27 28 baby foods salad dressings marinades dips soups 29 sauces dry mix pasta dinners jams spreads and cereals 16 the company also maintains several brand name products including mccann s steel cut irish oatmeal cremora 1 non dairy coffee lightener second nature egg substitutes and nature s goodness baby foods . 4 references edit a b behind the brand treehouse foods . seattle times . retrieved 31 march 2014 . hargrave marshall . there is money to be made in store brand foods . motley fool . retrieved 31 march 2014 . watson elaine . treehouse foods cashes in as consumers opt for premium private label single serve coffee tea . food navigator . retrieved 31 march 2014 . a b c d e f g fusaro dave . 2010 processor of the year treehouse foods . food processing . retrieved 31 march 2014 . thain greg 2012 . store wars the worldwide battle for mindspace and shelfspace . wiley . isbn 978 1 118 37406 1 . treehouse foods inc. company profile . hoovers . retrieved 31 march 2014 . food processing s top 100 . food processing . retrieved 31 march 2014 . a b c history . treehouse foods . retrieved 31 march 2014 . a b parker jennifer . michelle obama cuts ties with controversial wal mart supplier . abc news . retrieved 31 march 2014 . board of directors . treehouse foods inc. retrieved 7 april 2014 . a b c treehouse foods history . retrieved 11 may 2014 . waterhouse gail . cains foods sold for 35 million to treehouse foods . the boston globe . retrieved 31 march 2014 . treehouse foods inc completes acquisition of cains foods l.p. . reuters . retrieved 31 march 2014 . treehouse foods to buy associated brands . chicago business journal . retrieved 31 march 2014 . treehouse foods ths michael foods deal has limited potential . streetinsider.com . retrieved 31 march 2014 . a b oran olivia . treehouse foods joins list of michael foods suitors . reuters . retrieved 31 march 2014 . wang selina . treehouse foods to buy flagstone for 860 million . bloomberg.com . retrieved 2016 03 08 . inc. treehouse foods . treehouse foods to acquire flagstone foods for 860 million . www.prnewswire.com . retrieved 2016 03 08 . xu jodi . treehouse foods said to weigh acquisition of flagstone foods . business week . retrieved 14 may 2014 . calia michael . treehouse foods to buy protenergy natural foods . wall street journal . retrieved 11 may 2014 . treehouse foods buying flagstone foods for 860m . abc news . retrieved 30 june 2014 . treehouse foods acquiring health snack maker flagstone foods for 860 mn . minneapolis news.net . retrieved 2 july 2014 . http finance.yahoo.com news conagra sell private brands business 123731091.html gelski jeff . treehouse on the lookout for acquisitions . food business news . retrieved 11 may 2014 . treehouse foods profile . forbes . retrieved 31 march 2014 . treehouse foods inc. . new york times . retrieved 31 march 2014 . solon olivia . trouble brewing as company adds drm to coffee . wired.co.uk . retrieved 31 march 2014 . treehouse sues green mountain coffee for anti competitive product . reuters . retrieved 31 march 2014 . lindeman teresa . sales rise and profit falls at treehouse foods . pittsburgh post gazette . retrieved 31 march 2014 . external links edit official website consumer corporate splash page retrieved from https en.wikipedia.org w index.php title treehouse foods & oldid 736662361 categories multinational companies headquartered in the united statescompanies listed on the new york stock exchangecompanies established in 2005food manufacturers of the united states navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links 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