US food and beverages manufacturer JM Smucker has entered into an agreement to sell its natural and organic beverage and grains businesses to Nexus Capital for $110 million. The sale includes assets of RW Knudsen and TruRoots brands, a licensing agreement for Santa Cruz Organic beverages and manufacturing facilities in Chico, California, and Havre de Grace, Maryland. Tina Floyd, vice president and general manager of consumer foods at JM Smucker, …