ORRVILLE, Ohio, Dec. 2, 2024 /CNW/ -- The J.M. Smucker Co. (NYSE: SJM) ("Company") announced today the closing of the transaction to divest the Voortman® business to Second Nature Brands. The Company previously announced the signing of a definitive agreement for the transaction on October 22, 2024. The all-cash transaction is valued at approximately $305 million, subject to a working capital adjustment, and reflects the Company's continued commitment to optimizing its portfolio and reallocating resources to its core growth brands.
Read more at newswire.caThe J.M. Smucker Co. Completes the Divestiture of Voortman® Brand to Second Nature Brands and Updates Fiscal Year 2025 Net Sales Outlook
Newswire.ca -
Mon Dec 2, 2024
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