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The J M Smucker Co Issues 2023 Corporate Impact Report Detailing Progress on its Thriving Together Agenda

The J M Smucker Co Announces Agreement to Divest Sahale Snacks® Brand to Sharpen Focus and Support Continued Growth in Consumer Foods Business

/PRNewswire/ The J.M. Smucker Co. (NYSE: SJM) announced today it has entered into a definitive agreement to sell its Sahale SnacksĀ® brand to Second Nature.

The J M Smucker Co Announces Agreement to Divest Sahale Snacks® Brand to Sharpen Focus and Support Continued Growth in Consumer Foods Business

The J M Smucker Co Announces Agreement to Divest Sahale Snacks® Brand to Sharpen Focus and Support Continued Growth in Consumer Foods Business
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The J M Smucker Co to Acquire Hostess Brands to Accelerate Focus on Convenient Consumer Occasions

The J. M. Smucker Co. (NYSE: SJM) ("Company") announced today the signing of a definitive agreement to acquire Hostess Brands, Inc. (NASDAQ: TWNK) ("Hostess Brands") for $34.25 per share in a cash and stock transaction, representing a total enterprise value of approximately $5.6 billion, which includes approximately $900 million of net debt. This represents an adjusted EBITDA multiple of approximately 17.2x based on the Company's estimate of Hostess Brands full year 2023 results, and an approxim

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