The nation’s second-largest pasta brand came to Lakeville-based Post Consumer Brands this summer as part of an $880 million deal.
Faster than you can say Ronzoni, the brand is off to another corporate owner.
Post Holdings, the parent company of Post Consumer Brands, said Friday it is selling its pasta business for $330 million. That includes Ronzoni and store-brand noodle manufacturing.
Canadian agribusiness Richardson will take ownership of the pasta portfolio, including a factory in New Hope and 500 employees, by the end of the year.
“The handling and milling of durum wheat is a core strength of our business, and the opportunity to extend our reach into pasta builds directly on that foundation,” the Winnipeg-based company’s CEO, Darwin Sobkow, said in a news release.
St. Louis-based Post Holdings bought back Ronzoni-maker 8th Avenue Foods and Provisions in July after creating the company in a 2018 spinoff. 8th Avenue acquired the pasta business and grew profitability in the intervening years.
The company’s pasta business had roughly $460 million in sales in 2025.
8th Avenue’s $600 million private-label nut butter, granola and fruit and nut business will stay with Post Consumer Brands in Lakeville. That makes the company the top producer of generic peanut butter and granola as well as being the leading producer of store-brand cereal.
