Food & Beverage M&A » By The Online Investor Staff, updated Fri., Mar. 29, 7:11 AM
Recent mergers and acquisitions in the Food & Beverage M&A category.
Slide #50. The J. M. Smucker Company — Enray Inc.
Acquirer: |
The J. M. Smucker Company (NYSE:SJM) |
Acquiree: |
Enray Inc. |
Details: |
The J. M. Smucker Company (NYSE: SJM) today announced that it has completed an acquisition of Enray Inc. ("Enray"), a privately-held company headquartered in Livermore, California. Enray is a leading manufacturer and marketer of premium organic, gluten-free ancient grain products, including sprouted and non-sprouted grains, pasta, and cookies, which are primarily sold under its flagship brand, truRoots. |
Smucker (J.M.) is engaged in the manufacturing and marketing of food and beverage products. Co.'s reportable segments are: U.S. Retail Pet Foods, which includes the domestic sales of Meow Mix, Milk-Bone, Pup-Peroni, and Canine Carry Outs branded products; the U.S. Retail Coffee, which primarily includes the domestic sales of Folgers, Dunkin', and Cafe Bustelo branded coffee; and the U.S. Retail Consumer Foods, which primarily includes the domestic sales of Smucker's and Jif branded products. International and Away From Home includes the sale of products distributed domestically and in foreign countries through retail channels and foodservice distributors and operators.
J.M. Smucker SEC Filing Email Alerts Service
Open the SJM Page at The Online Investor »
Company Name: |
Smucker (J.M.) Co. |
Stock buyback: |
SJM buyback |
Website: |
www.jmsmucker.com |
Sector: |
Food & Beverage |
Number of ETFs Holding SJM: |
105 |
Total Market Value Held by ETFs: |
$2.75B |
Total Market Capitalization: |
$13.09B |
% of Market Cap. Held by ETFs: |
21.04% |
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Open the SJM Page at The Online Investor (in a new window) »
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March 29, 2024 7:11 AM Eastern
Buy (2.62 out of 4)
9th percentile
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