Post Holdings advertising & marketing assignments

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Post Holdings is best known as the #3 cereal marketer in the US after Kellogg's and General Mills, with brands such as Honey Bunches Of Oats and Pebbles. However, breakfast cereal makes up only part of its increasingly diversified range, which has expanded dramatically through a series of acquisitions since 2013. In the consumer portfolio, cereals are currently accompanied by a variety of active nutrition brands including PowerBar (acquired from Nestle in 2014), Premier Protein and Dymatize. Another 2014 purchase was Michael Foods, which markets a range of value-added egg, potato and dairy products including Better'n Eggs, All Whites and Simply Potatoes. That is now the group's single biggest business. There is also a sizeable private label peanut butter and granola division. In 2015, Post acquired rival cereal and oats manufacturer MOM Brands (Malt-O-Meal, Mini Spooners etc) for $1.15bn. In 2017, Post agreed to acquire British breakfast icon Weetabix for £1.4bn, followed by US company Bob Evans Farms for $1.5bn. These various acquisitions more than doubled the company's size between 2014 and 2017. For ye 2018, revenues were $6.3bn, with net earnings of $457m. However, that year, the group began restructuring its operations to increase its core focus on consumer brands. Private label products were spun out into 8th Avenue Inc, a joint venture majority controlled by Post but in partnership with private equity firm Thomas H Lee Partners. The group is set to issue an IPO of its active nutrition portfolio by the close of 2019 under the name BellRing Brands. Robert Vitale is group CEO of Post. Original founder CW Post was one of several entrepreneurs to exploit the sudden popularity of cereal-based products in the 1890s, with products such as the cereal beverage Postum and ready to eat Grape-Nuts. As a result of multiple acquisitions in the 1920s the business evolved into General Foods and later Kraft. The Post cereal business was sold to Ralcorp in 2007, and then demerged as an independent group in 2012.

Capsule checked 24th September 2019

Which agencies handle advertising for Post Holdings? Find out more from Adbrands Account Assignments

Who are the competitors of Post Holdings? See Food Sector for other companies

Advertising Expenses? See Adex Ranking for declared spend

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Recent stories from Adbrands Update:

Adbrands Weekly Update 21st Sep 2017: US-based Post Holdings added to its rapidly expanding portfolio with a deal to acquire the packaged foods division of Bob Evans Farms for $1.5bn. Though it is best-known for its cereals, such as top-sellers Honey Bunches of Oats and Fruity Pebbles and recently acquired Weetabix, Post has also expanded into other types of breakfast food. Bob Evans makes a range of breakfast sausages, potato and past side-dishes. It will combined with Michael Foods, which makes a similar range of products, and was acquired by Post in 2014.

Adbrands Weekly Update 20th Apr 2017: British breakfast icon Weetabix is to swap its current Asian owners for US company Post Holdings. One of the original pioneers in breakfast cereal alongside Kellogg's, Post still owns leading US brand Honey Bunches of Oats as well as Raisin Bran and other cereals. However, it has also been expanding into new sectors in recent years through acquisitions such as PowerBar (from Nestle) and egg and dairy producer Michael Foods. Weetabix is its first major step into the UK. Post is to pay £1.4bn (including debt) to buy out majority shareholder Bright Food of China and its minority partner Baring Private Capital.

Adbrands Weekly Update 9th Mar 2017: US group Post Holdings has been tipped as the favourite to acquire the 60% shareholding in UK cereals group Weetabix from current Chinese owner Bright Food. Weetabix is the UK's top-selling breakfast cereal brand, and the second largest producer overall behind Kellogg's. Rival bidders Cereal Partners and Barilla are understood to have withdrawn from the auction. According to reports, one other bidder remains in negotiations, possibly Associated British Foods.

Adbrands Weekly Update 26th Nov 2015: Post Holdings, best known for its Honey Bunches of Oats breakfast cereal, saw annual revenues more than double to $4.6bn as a result of a string of foodservice and specialist cereal acquisitions. However the group reported a second year of net losses as a result of finance expense associated with those deals.

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