JM Smucker sells strong-performing Crisco for $550m to B&G Foods to focus coffee, snacking & pet food
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JM Smucker Co. is selling its iconic line of Crisco oils and shortening to B&G Foods for $550m cash in a deal that allows it to dedicate more resources to its “core growth platforms” while simultaneously strengthening B&G’s small but growing baking business.
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J.M. Smucker Inks $550M Deal With B&G Foods To Divest Crisco Business
JM Smucker sells strong-performing Crisco for $550m to B&G Foods to focus coffee, snacking & pet food
Baking - Food
B&G Foods To Acquire Crisco Brand For $550M From J.M. Smucker Co.
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