TreeHouse Foods, Inc. has entered into a definitive agreement to sell its snacks division to Atlas Holdings LLC of Greenwich, Conn. Atlas owns and operates 19 manufacturing and distribution businesses, which together employ more than 17,000 associates at more than 150 facilities worldwide. Atlas agreed to pay $90 million for the division, subject to closing adjustments.

The expansion provides a 50 percent increase to current kettle-cooked capacity, resulting in an additional 100,000 pounds of finished product per week.

Growth is largely expected to come from developing countries in the Asia-Pacific and Eastern European regions.