The Canadian arm of US food group J. M. Smucker has bought the Canadian Carnation canned milk products business from Nestlé.
Go deeper with GlobalData
Smucker Foods of Canada Co. snapped up the business from Nestlé Canada for an undisclosed sum, J. M. Smucker said today (1 October).
Financial details were undisclosed although J. M. Smucker said the business acquired from Nestlé generates annual sales of around US$50m.
Tim Smucker, chairman and co-CEO, said the Carnation brand is an “excellent fit” with the J. M. Smucker portfolio, which also includes Robin Hood flour and Crisco olive oil.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
