Post Holdings to buy select pet food brands from J.M. Smucker for $1.2bn

Post Holdings to buy select pet food brands from J.M. Smucker for $1.2bn

Post Holdings, an American consumer packaged goods company, will acquire select pet food brands from The J.M. Smucker (Smuckers) for approximately $1.2 billion in a move to enter the growing pet food category. Under the terms of the agreement, American food and beverage products manufacturer J.M. Smucker will receive $700 million in cash and approximately […]