The J.M. Smucker Co. (Smucker’s) has divested its private label dry pet food business to Missouri-based Diamond Pet Foods for nearly $33 million in cash. The deal includes the sale of the company’s pet food manufacturing plant in Frontenac, Kansas. It excludes any branded products or the firm’s private label wet pet food business. The […]
The J.M. Smucker Co. (Smucker’s) has agreed to divest its natural and organic beverage and grains businesses to Nexus Capital Management for a sum of around $110 million in an all-cash deal. The sale by the American food and beverage company includes R.W. Knudsen and TruRoots assets and trademarks as well as a licensing agreement […]
The J.M. Smucker Co. (Smucker’s) revealed plans to invest $1.1 billion to construct a new manufacturing plant and distribution center in McCalla, Alabama. The facility will be dedicated to produce Smucker’s Uncrustables sandwiches, said the American food and beverages company. Expected to break ground before January 2022, the sandwich producing plant is targeted to begin […]