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

February 6, 2025 The J.M. Smucker Co.

The J.M. Smucker Co. announced 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 approximately $40 million, subject to a working capital adjustment, and includes relevant trademarks and licenses and the Company’s manufacturing facility in Chicago, Illinois.

Golden Peanut, Smucker, and National Black Growers Council Promote Regenerative Agriculture on 20,000 Acres in Southeastern U.S

Together, they aim to promote the adoption of regenerative agriculture practices across 20,000 acres of peanut farms in the southeastern United States.

Arva Flour Mills Announces Acquisition of Red River Cereal Brand from The J.M. Smucker Co.

July 19, 2022 Arva Flour Mills

Arva Flour Mills, North America’s oldest continuously operating commercial flour mill, is pleased to announce the acquisition of the Red River Cereal Brand from Smucker Foods of Canada Corp., a subsidiary of The J.M. Smucker Co. Officially acquiring the historic cereal brand on June 1, 2022, “The Mill” plans to launch the Brand later this month at their onsite retail store and their website, www.arvaflourmill.com. Further plans to distribute the Red River Cereal Brand into other retail locations are projected for later this year.