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Business News: JM Smucker sells its US baking business in deal valued at $375 million

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Source:www.ohio.com


Posted: 2018-07-09 21:16:02

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The consumer packaged goods sector has seen a great deal of consolidation in recent ... to sell its U.S. baking business to subsidiaries of Brynwood Partners, in a transaction valued at $375 million, ...

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The maker of Smucker's jams is selling the struggling Pillsbury brand along with the rest of its U.S. baking business to a private equity ... sell the division to Brynwood Partners in a deal valued at ...

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The J. M. Smucker Company (SJM) said that it agreed to sell its U.S. baking business to Brynwood Partners VII L.P. and Brynwood Partners VIII L.P., subsidiaries of Brynwood Partners, in a transaction ...

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