J.M. Smucker facing US$125m hit from Jif peanut butter recall
The recall of Jif peanut butter products from the company’s Lexington, Kentucky, facility was announced last month by the US…
ByJ.M. Smucker
J.M. Smucker is a North America-based food company. Founded by Jerome Monroe Smucker in 1897, J.M. Smucker is a public company, listed on the New York Stock Exchange as SJM. The head office for J.M. Smucker is located in Orrville, Ohio, United States, USA.
J.M. Smucker sells packaged grains business TruRoots to investor Nexus
The US$110m deal also includes the R.W. Knudsen juices brand and assets.
J.M. Smucker sells private-label pet-food business to Diamond Pet Foods
Smucker said the deal should be viewed as part of its “continued portfolio optimisation”.
J.M. Smucker seeks to double Uncrustables brand sales with new plant
The US food and beverage firm is investing US$1.1bn in the Alabama factory.
J.M. Smucker heeds Biden directive with vaccination requirement
The manufacturer says its US salaried workers need to be vaccinated by 15 December.
2020 – The year in food industry M&A
Andy Coyne looks at significant transactions and emerging themes in merger, acquisition and investment activity in the global food sector…
More disposals on cards as J.M. Smucker outlines portfolio plans
US food group J.M. Smucker, behind brands such as Jif and Uncrustables, has outlined a number of strategic goals.
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Portfolio shake-up likely in US food sector, says Credit Suisse
Investment bank Credit Suisse has considered whether a period of portfolio re-shaping is likely amongst US food groups.
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