JM Smucker

US-based food and beverage company JM Smucker has announced that the company is selling its Voortman biscuit brand to Second Nature Brands, a US manufacturer of snacks and treats controlled by CapVest Partners LLP. In a press release, JM Sumcker said the decision to offload Voortman would enable it to reallocate resources to its “core growth brands”. The Voortman brand was among a number that JM Smucker acquired as part …

JM Smucker, the US-based food and beverage company, has announced that it has come to an agreement to sell its Bick’s pickles, Habitant pickled beets, Woodman’s horseradish, and McLarens pickled onions brands to private label specialist TreeHouse Foods. The brands included in the transaction generated net sales of approximately $60 million for JM Smucker’s fiscal year ended April 2023. Tim Wayne, JM Smucker senior vice president & general manager, commented: …

Second Nature Brands, a US snack and confectionery brand owner, has announced the acquisition of nut and fruit snack mix maker Sahale Snacks from JM Smucker for a total consideration of $34 million. Sahale Snacks has net sales of $48 million and sell its products across the US and internationally under its namesake brand. The transaction will include all trademarks, as well as a leased manufacturing facility in Seattle(WA). The existing Second Nature Brands portfolio includes …

JM Smucker, a US-based food and beverage company has announced the acquisition of Hostess Brands, a long-established US bakery firm, “to accelerate focus on convenient consumer occasions”. Hostess Brands is a Kansas-based company that markets products under brands such as Hostess, Donettes, Twinkies, CupCakes, Ding Dongs, Zingers, CoffeeCakes, HoHos, and Voortman cookies and wafers. The acquisition includes the brand portfolio along with six production facilities, a distribution centre, and 3,000 …

US food firm JM Smucker has announced that it has reached an agreement to sell the Crisco oils and shortening business to B&G Foods. According to a company press release, the move is part of JM Smucker’s intent to exit the US baking category to focus on pet food, coffee, and snacking products. The sale includes Crisco’s oils and shortening products, the brand, certain trademarks, and licensing agreements, manufacturing and …

Brynwood Partners, the US investment firm, has made its latest play in the food and drinks space with the acquisition of bakery assets belonging to food manufacturer JM Smucker. According to Brynwood Partners, the deal includes the exclusive US rights to the Pillsbury shelf-stable baking range, along with the Hungry Jack, White Lily, Jim Dandy and Martha White brands.  The Pillsbury brand licence agreement is described as a royalty-free, perpetual agreement with brand owner General …