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JM Smucker To Divest Some Sweet Baked Goods Labels
JM Smucker said it would sell its packaged pastries brand Cloverhill and cinnamon rolls label Big Texas to JTM Foods for ...
foodengineeringmag19h
The J.M. Smucker Company to Divest Cloverhill, Big Texas Brands
The all-cash transaction is valued at approximately $40 million, subject to a working-capital adjustment, and includes relevant trademarks and licenses and the company’s manufacturing facility in ...
Food Dive21h
JM Smucker to divest some sweets brands for $40M as it focuses on Hostess
The sale of the Cloverhill and Big Texas brands, as well as certain private-label products, also will help cut costs and ...
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JM Smucker to offload baked-goods brands to JTM Foods
JM Smucker has sold its Cloverhill and Big Texas brands to fellow US group JTM Foods for around $40m. As well as Cloverhill ...
JM Smucker divests some sweet baked goods labels to focus on Hostess Brands
JM Smucker said on Friday it would sell its packaged pastries brand Cloverhill and cinnamon rolls label Big Texas to packaged ...
J. M. Smucker: Sweet Deal For Value Investors From A Dividend Aristocrat
J. M. Smucker is undervalued at a forward PE of 10.7x, offering a solid 4.1% dividend yield with a well-covered 41% payout ...
J.M. Smucker price target lowered to $120 from $125 at Stifel
Stifel analyst Matthew Smith lowered the firm’s price target on J.M. Smucker (SJM) to $120 from $125 and keeps a Hold rating on the shares. The ...
J.M. Smucker to divest Cloverhill and Big Texas brands to JTM Foods for $40M
Co. announced it has reached a definitive agreement to divest its Cloverhill and Big Texas brands, as well as certain ...
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JM Smucker divests some sweet baked goods labels to focus on Hostess Brands
(Reuters) - JM Smucker said on Friday it would sell its packaged pastries brand Cloverhill and cinnamon rolls label Big Texas to packaged food maker JTM Foods for about $40 million, as the company ...