J.M. Smucker Is Exploring A Sale Of Voortman Bakery In A Deal That Could Value The Cookie And Wafer Brand At More Than $350M, According To People Familiar With The Matter
Portfolio Pulse from Benzinga Newsdesk
J.M. Smucker is exploring a sale of Voortman Bakery, potentially valuing the brand at over $350 million.
July 29, 2024 | 7:45 pm
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J.M. Smucker is exploring the sale of Voortman Bakery, which could be valued at more than $350 million. This move could streamline Smucker's portfolio and provide significant capital.
The potential sale of Voortman Bakery could streamline J.M. Smucker's portfolio and provide significant capital, which is likely to be viewed positively by investors.
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