Johnson Fistel Investigates Potential Board Fiduciary Duty Breaches in the TreeHouse Foods Buyout

Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of TreeHouse Foods, Inc. (NYSE: THS) breached their fiduciary duties in connection with the proposed sale of the company to Investindustrial.

If you own TreeHouse Foods shares and believe this proposed transaction undervalues your investment, please consider joining our investigation. To

Shareholders seeking more information may also contact lead analyst Jim Baker (jimb@johnsonfistel.com, 619-814-4471). If emailing, please include a phone number.

Background

• On November 10, 2025, TreeHouse Foods announced that it had entered into a definitive merger agreement with Investindustrial. Under the terms of the agreement, TreeHouse Foods shareholders will receive $22.50 per share in cash for each share of common stock owned at closing, and one non-transferable Contingent Value Right per common share.  The CVR in general will provide a holder with an opportunity to receive certain net proceeds, if any are recovered, from certain ongoing litigation relating to part of TreeHouse Foods’ coffee business.

• The proposed $22.50 per-share acquisition price is materially below TreeHouse Foods’ 52-week high of $40.77, it is noted that a Wall Street analyst has set a $31 per-share target.