The J.M. Smucker Co. Completes the Divestiture of Certain Value Brands to JTM Foods, LLC
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The J.M. Smucker Co. has completed the divestiture of its Cloverhill and Big Texas brands, along with certain private label products, to JTM Foods, LLC.
March 03, 2025 | 9:30 pm
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J.M. Smucker Co. has finalized the sale of its Cloverhill and Big Texas brands to JTM Foods, LLC, which may streamline its product portfolio and focus on core brands.
The divestiture allows J.M. Smucker Co. to streamline its operations and focus on its core brands, which could lead to improved operational efficiency and potentially positive investor sentiment.
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