JM Smucker, a US-based food and beverage company, has announced plans to close its manufacturing facility in Indianapolis (IN), which produces Hostess-branded products, and consolidate operations at other existing sites. The facility was originally acquired by JM Smucker as part of its $5.6 billion deal to buy Hostess Brands in 2023. Commenting on the move, Pet and Sweet Baked Snacks senior vice president and general manager Judd Freitag said: “This decision continues the ongoing …
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JM Smucker
US food and beverages manufacturer JM Smucker has announced that it has entered into an agreement to sell its Cloverhill and Big Texas bakery brands, as well as certain private-label products, to ready meals firm JTM Foods for $40 million. As part of the deal, relevant trademarks and licences, the company’s manufacturing facility in Chicago (IL), and approximately 400 employees will transfer with the business. Commenting on the move, Sweet …
JM Smucker, the diversified US food business has expanded production capacity for the Uncrustables brand with the opening of a new 900,000 sq ft manufacturing facility in McCalla (AL). Uncrustables is the company’s brand of sealed crustless sandwiches, available with fillings such as Strawberry, Grape, Chocolate Hazelnut, Raspberry and Honey. Commenting on the expansion, JM Smucker CEO Mark Smucker said: “The opening of our new facility in McCalla furthers our …
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-based food and beverage company JM Smucker has announced the closing of a transaction to sell several pet food brands to Post Holdings for approximately $1.2 billion. The acquisition, which was announced in February, includes brands such Rachael Ray Nutrish, 9Lives, Kibbles ‘n Bits, Nature’s Recipe and Gravy Train, a private label pet food business, and several manufacturing and distributing facilities. “With the close of this transaction, we are excited to …
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, …
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 …
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