The J.M. Smucker Co. Announces Agreement to Divest Certain Value Brands in Continued Portfolio Optimization of Sweet Baked Snacks Segment

ORRVILLE, Ohio, Jan. 31, 2025 /PRNewswire/ — The J.M. Smucker Co. (NYSE: SJM) announced today it has reached a definitive agreement to divest its Cloverhill and Big Texas brands, as well as certain private label products, to JTM Foods, LLC (JTM). The all-cash transaction is valued at…

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