Homemade Loaded Baked Potatoes with Bacon Cheddar and Sour Cream

Post Holdings Acquires Potato Products of Idaho

Dec. 18, 2024

Just a day after rumors swirled of Post’s interest in acquiring Lamb Weston Holdings, the company agrees to purchase a different processor of refrigerated and frozen potato products.

Andy Hanacek

Post Holdings Inc. announced its agreement to purchase a potato processor — but not Lamb Weston Holdings, as rumored just a day prior. No, Post has agreed to acquire Potato Products of Idaho LLC (PPI), a manufacturer of refrigerated and frozen potato products.

PPI operates out of a processing facility in Rigby, Idaho, and is the processing arm of the Mickelsen family of businesses, according to the company’s web site. It makes mashed potatoes, whole baked potatoes, baby potatoes and sweet potatoes for foodservice customers.

The transaction is expected to be completed in the first quarter of calendar year 2025, Post’s announcement noted. Terms of the transaction were not disclosed.

About the Author

Andy Hanacek | Senior Editor

Andy Hanacek has covered meat, poultry, bakery and snack foods as a B2B editor for nearly 20 years, and has toured hundreds of processing plants and food companies, sharing stories of innovation and technological advancement throughout the food supply chain. In 2018, he won a Folio:Eddie Award for his unique "From the Editor's Desk" video blogs, and he has brought home additional awards from Folio and ASBPE over the years. In addition, Hanacek led the Meat Industry Hall of Fame for several years and was vice president of communications for We R Food Safety, a food safety software and consulting company.