Gryphon to sell Flagstone Foods to TreeHouse Foods for $860 mln

Gryphon said Monday that it has agreed to sell Flagstone Foods to TreeHouse Foods for $860 million. Moelis & Company, Houlihan Lokey Capital and BMO Capital Markets Corp. advised Gryphon on the transaction. Based in Saint Paul, Minn., Flagstone Foods is a provider of healthy snacks to retailers in North America.

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