SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 13, 1999
Ralcorp Holdings, Inc.
(Exact name of registrant as specified in its charter)
Missouri 1-12619 43-1766315
(State or other (Commission (I.R.S. Employer
Jurisdiction of File Number) Identification No.)
Incorporation)
800 Market Street, Suite 2900
St. Louis, MO 63101
(Address of principal (Zip Code)
executive offices)
(314) 877-7000
(Registrant's telephone number, including area code)
<PAGE>
Item 5. Other Events.
In a press release dated September 13, 1999, a copy of which is attached hereto
as Exhibit 99.1 and the text of which is incorporated by reference herein, the
registrant announced its agreement to purchase Ripon Foods, Inc.
Item 7. Financial Statements and Exhibits.
Exhibit 99.1 Press Release dated September 13, 1999
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
RALCORP HOLDINGS, INC.
(Registrant)
Date: September 13, 1999 By: /s/ T. G. Granneman
----------------------
Duly Authorized Signatory and
Chief Accounting Officer
<PAGE>
EXHIBIT INDEX
Exhibit
Number Description
- ------ -----------
Exhibit 99.1 Press Release dated September 13, 1999
Immediate
Daniel P. Zoellner
314/877-7052
RALCORP HOLDINGS, INC. AGREES TO PURCHASE
RIPON FOODS, INC.
ST. LOUIS, MO, SEPTEMBER 13, 1999 Ralcorp Holdings, Inc. today announced it has
reached a definitive agreement to purchase Ripon Foods, Inc., a privately held
cookie manufacturer located in Ripon, WI. Ripon Foods will be operated as an
integral part of Ralcorp's Bremner cracker and cookie subsidiary. Terms of the
transaction were not disclosed.
Ripon Foods manufactures a wide variety of high quality private label and
branded cookie products, including wire cut and enrobed cookies, as well as
sugar wafers. Ripon Foods' products are sold to other cookie manufacturers
through co-manufacturing arrangements and to various grocery and mass
merchandise retailers under their store brand, as well as the "Rippin Good" and
"Golden Batch" brands. Of primary importance to Ralcorp, are the product
variety, the production capacity and the expertise of Ripon Foods' two operating
facilities. In particular, Ripon Foods gives the Company's cracker and cookie
subsidiary new capabilities in the areas of enrobing and sugar wafers. In
addition, Ripon Foods produces a high quality fruit filled breakfast bar, which
allows Ralcorp to effectively enter the fast-growing breakfast/meal bar segment.
Annual sales for Ripon Foods are approximately $64 million.
Ralcorp Holdings, Inc. has established a leadership position in the world of
private label or store brand foods. Ralcorp produces a variety of store brand
foods that are sold under the individual labels of various grocery, mass
merchandise and drug store retailers. Ralcorp's diversified product mix includes
ready-to-eat and hot cereals, crackers and cookies, snack nuts, mayonnaise and
shelf-stable salad dressings. In addition, Ralcorp holds a 21.9 percent equity
interest in Vail Resorts, Inc. (ticker: MTN), the premier mountain resort
operator in North America.
Ripon Foods was founded in 1930 by Horace A. Bumby. It started with one
second-hand oven producing plain cookies. Today, Ripon Foods can produce
approximately 60 different kinds of cookies in a variety of sizes. Combined,
Bremner and Ripon Foods will be able to offer their customers a full line of
high quality, crackers and cookies.
Ralcorp expects to close the transaction within 45 days pending appropriate
government approvals and the approval of Ripon Foods' shareholders.
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