June 22, 2010 (FinancialWire) — Ralcorp Holdings, Inc. (NYSE: RAH) said that it has acquired North American Baking Ltd., formerly known as PL Foods Ltd. In a separate transaction, Ralcorp acquired J.T. Bakeries.

PL Foods is a manufacturer of private label specialty crackers in North America that posts annual net sales of around $56.7 million.

North American Baking will continue its operations in Georgetown, Ontario, Canada.  

J.T. Bakeries is a manufacturer of private label and co-branded gourmet crackers in North America for customers in the U.S., Canada and Great Britain. The firm posts annual net sales of around $38.5 million.

J.T. will continue its operations in Kitchener, Ontario.

Both of these transactions closed on May 31.

Ralcorp said it anticipates the transactions will be slightly accretive during the remainder of its 2010 fiscal year.

Terms of the transactions were not disclosed.

Kevin J. Hunt, Co-CEO and president of Ralcorp Holdings, said, “We believe the products manufactured by both of these companies will enhance Ralcorp's premium and gourmet cracker offerings.”

Missouri-based Ralcorp produces Post branded cereals, a range value brand and store brand foods sold under the individual labels of various grocery, mass merchandise and drugstore retailers, and frozen bakery products sold to in-store bakeries, restaurants and other foodservice customers.

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