July 9, 2018 Sophia Vida
Hot Stocks

JM Sucker is Selling its Baking Brand Business for $375 Million

J.M. Smucker announced on Monday that it would be selling Pillsbury as well as other US baking brands for $375 million. Private equity firm Brynwood Partners will be buying the business which also includes other brands like Martha White and Hungry Jack. As part of the deal, a manufacturing facility in Toledo, Ohio is also … Continue reading “JM Sucker is Selling its Baking Brand Business for $375 Million”