JM Smucker to divest cookie brand Voortman
J.M. Smucker to Sell Voortman Cookies to Buyout Firm CapVest
J.M. Smucker Co. agreed to sell its Voortman Cookies business to CapVest Partners-controlled Second Nature Brands for $305 million, as the US snack maker looks to focus on its core operations.
JM Smucker to divest cookie brand Voortman in $305 million deal
J.M. Smucker said on Tuesday it would sell its cookie brand, Voortman, to U.S.-based premium snacks maker Second Name Brands in a $305 million all-cash deal. The Jif peanut butter maker, which was exploring a sale of Voortman in July as reported by Reuters citing sources,
Second Nature Brands acquiring Voortman cookies
MADISON HEIGHTS, MICH. — Second Nature Brands is acquiring the Voortman cookie business from the J.M. Smucker Co. for approximately $305 million. The transaction includes a leased manufacturing plant in Burlington, Ont., and approximately 300 employees who will transition with the business.
Second Nature Brands Acquires Voortman From Smucker
Second Nature Brands LLC, a portfolio of better-for-you snacks and treats brands, today (Oct. 22) announced it has an agreement to acquire the Voortman cookie brand from J.M. Smucker Co. Price was $305 million in cash.
CapVest-backed Second Nature Brands to acquire Voortman Cookies for $305m
Second Nature Brands, which is backed by CapVest Partners, has agreed to acquire Burlington, Ontario-based Voortman Cookies, from The J.M. Smucker Co for $305 million. Headquartered in Michigan, Second Nature is a portfolio of better-for-you snacks and treats brands.
J.M. Smucker Co. To Sell Its Voortman Cookie Brand - Quick Facts
The J.M. Smucker Co. (SJM) has entered into a definitive agreement to sell its Voortman cookie brand to Second Nature Brands,
JM Smucker to divest cookie brand Voortman in $305 mln deal
J.M. Smucker said on Tuesday it would sell its cookie brand, Voortman, to U.S.-based premium snacks maker Second Name Brands in a $305 million all-cash deal.
Yahoo Finance2h
J.M. Smucker to sell Voortman cookies for $305M
Voortman, a manufacturer of premium, branded wafers and sugar-free and specialty cookies, was acquired by Smucker as part ...
Crain's Cleveland Business8h
J.M. Smucker sells Voortman cookie brand for $305 million
The J.M. Smucker Co. (NYSE: SJM) is going a little lighter on the cookies. Orrville-based Smucker on Tuesday, Oct. 22, ...
DBusiness Magazine2h
Second Nature Brands in Madison Heights Reaches $500M in Sales with Acquisition
Second Nature Brands in Madison Heights, today announced it has entered into a definitive agreement to acquire the Voortman cookie brand from The J.M. Smucker Co. in an all-cash transaction. Terms of ...
Second Nature Brands Acquires Voortman
Second Nature Brands LLC, a leading portfolio of premium and better-for-you snacks and treats brands, today announced it has entered into a definitive agreement to acquire the Voortman® cookie brand ...