QUICK LINKS: Videos  |  Micromarkets |

Redemption Report

|

Classifieds

|

Buy a Classified Ad

|

Editorial Calendars

|

Circulation Data

|

Downloads

|

Bookstore

|

Date Book

Search:      

Bookmark this site




Issue Date: Vol. 54, No. 9, September 2014, Posted On: 8/13/2014


J.M. Smucker Co. Pacts To Acquire Nut-And-Fruit Snackmaker Sahale


Tim Sanford
Editor@vendingtimes.net
TAGS:

ORRVILLE, OH -- J.M. Smucker Co. reports that is has signed a definitive agreement to acquire Sahale Snacks Inc. (Seattle). Sahale, a privately held company, is a manufacturer and marketer of premium branded nut and fruit snacks, primarily sold in the United States. It has been a portfolio company of a private equity fund affiliated with Palladium Equity Partners LLC since 2007. Its net sales are projected to be approximately $50 million for the 2014 calendar year.

The acquisition includes a leased facility in Seattle, and will bring some 150 new employees to the Smucker organization. The transaction is expected to close by the middle of September.

Smucker is a leading marketer and manufacturer of packaged coffee, peanut butter, fruit spreads, shortening and oils, ice cream toppings, sweetened condensed milk, and natural foods products in North America. Its U.S. brands include Smucker's, Folgers, Café Bustelo and Café Pilon.


Topic: Vending Machine Products

Articles:
  • Red Bull Expands Editions Line With Two Sugar-Free Flavors
  • AdvancePierre Adds Deli-Style Sandwiches To Signatures Line
  • Hershey Takes Wraps Off Cookie Layer Crunch Bar, 'Snackfection' And Krave Jerky Extensions
  • Mrs. Freshley's Cupcake Line Grows With Mini Chocolate And PB Rollouts
  • Mrs. Freshley's Unveils Salted Caramel Swiss Rolls In Single-Serve Packaging

Copyright © 2016 Vending Times Inc. All rights reserved. 
P: (516) 442-1850 | F: (516) 442-1849 | subscriptions@vendingtimes.net
55 Maple Ave. - Ste. 304, Rockville Centre, NY 11570