TreeHouse Foods Acquires Protenergy Natural Foods

TreeHouse Foods Inc. acquired Protenergy Natural Foods from Whitecastle Investments Limited, Whitecap Venture Partners and others on May 30, 2014, for $170 million in cash.

TreeHouse is a food manufacturer based in Illinois, servicing primarily the retail grocery and foodservice channels.

Toronto-based Whitecastle (through Whitecap Venture Partners, its venture capital partnership with Hobson Equities) provides capital and active operating assistance to early stage high growth companies.

TreeHouse was represented by Winston & Strawn LLP with a team including Bruce Toth, Matthew Bergmann, Joseph Nicosia and Emily Mraz (corporate/M&A); Roger Lucas and Sean Crowley (tax); and by Stikeman Elliott LLP with a team of Claire Zikovsky and Alexandra Tremblay (corporate/M&A); Luc Bernier and Éric Lévesque (tax); Ashley Piotrowski (competition), Bruce Pollock and William Hockin (labour and employment); Luc Vaillancourt (pension and benefits), Myriam Fortin (environment), Neil Bindman and Mistrale Lepage-Chouinard (real estate) and Jonathan Auerbach (intellectual property).

Whitecastle and Protenergy were represented by Goodmans LLP with a team including Tim Heeney and Jeremy Weisz (corporate/M&A); Ken Saddington (tax) and Richard Annan (competition); and on United States matters by Honigman Miller Schwartz and Cohn LLP with a team including John Kanan (corporate/M&A), David Ettinger and Jeffrey Kuras (antitrust) and Richard Soble (tax).