Acosta Inc., a Jacksonville, Florida-based full-service sales and marketing agency, has successfully completed its financial reorganization and recapitalization and emerged from Chapter 11 less than a month after filing. Through the process, Acosta eliminated all of its approximately $3 billion of long-term debt, and its new investors have funded $325 million in new equity capital. The reorganized company’s largest […]
Tag: restructuring
Posted inBakery News, Beverage News, Center Store, Grocery News, Home Page Slider, Midwest, Suppliers
TreeHouse Foods Announces Plans To Close St. Louis Office
Oak Brook, Illinois-based TreeHouse Foods Inc. will close its St. Louis, Missouri, office on June 28. The decision to close the St. Louis office is part of the company’s previously announced “TreeHouse 2020” multi-year restructuring program to reduce its cost structure and administrative footprint and to align the organization with the current and future needs of the business. […]