JM Smucker Expands Board Following Agreement with Activist Investor
JM Smucker has announced the appointment of two new directors to its board following an agreement with activist investor Elliott Investment Management. This decision aligns...
Tag : J.M. Smucker
JM Smucker’s Recent Results Indicate Potential, Yet Uncertainties Persist
In recent months, JM Smucker, a leading US manufacturer, has confronted significant scrutiny, particularly concerning its substantial investment in the sweet snacks sector. This year,...
J.M. Smucker Transitions Away from Color Additives
JM Smucker has emerged as the latest prominent player in the food and beverage packaging industry to commit to eliminating artificial colours from its consumer...
JM Smucker to Sell Select Sweet Baked Snack Brands to JTM
In a significant business move, JM Smucker has successfully sold its Cloverhill and Big Texas brands to the U.S.-based JTM Foods for an estimated $40...
Second Nature Acquires Cookie Brand Voortman for $305 Million
US-based snacks manufacturer Second Nature Brands is set to acquire JM Smucker’s Voortman cookies brand for an all-cash deal valued at $305 million. This strategic...
JM Smisher to downsize workforce as Hostess Brands headquarters shuts down
JM Smucker is taking steps to streamline its operations by laying off workers at the Hostess Brands office it acquired last year in a $5.6bn...
JM Smucker considers selling Voortman Bakery
JM Smucker is currently assessing the interest in Voortman Bakery, a business unit it acquired from Hostess Brands last year for $5.6bn. The company is...