07:48 AM EST, 11/10/2025 (MT Newswires) -- TreeHouse Foods ( THS ) has signed a deal to be acquired by Industrial F&B Investments III for $22.50 per share in cash, or about $2.9 billion, the companies said Monday.

Under the terms of the agreement, TreeHouse shareholders will also receive one non-transferable contingent value right per share, providing the holder with an opportunity to receive certain net proceeds, if any are recovered, from the ongoing litigation related to part of TreeHouse's coffee business, according to a statement.

The transaction has been approved by the TreeHouse board, and is anticipated to close in Q1 2026, pending shareholder and regulatory approvals as well as other customary closing conditions, the companies said.

Upon deal completion, TreeHouse will become a private entity and its common stock will no longer trade on the New York Stock Exchange, the companies said.

Shares of TreeHouse Foods ( THS ) were up more than 19% in recent Monday premarket activity.