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The J.M. Smucker Co. (NYSE: SJM) announced today it has entered into a definitive agreement to sell its Bick's® pickles, Habitant® pickled beets, Woodman's® horseradish and McLarens® pickled onions brands to TreeHouse Foods, Inc. (NYSE: THS).
JM Smucker has announced the sale of its Canada-based pickle brands to US peer TreeHouse Foods.
The transaction is anticipated to close in the third quarter of J.M. Smucker's current fiscal year ending April 30, 2024.
Transaction valued at $20 million.
/PRNewswire/ -- The J.M. Smucker Co. (NYSE: SJM) announced today it has entered into a definitive agreement to sell its Bick's® pickles, Habitant® pickled...