Announced
Completed
Financials
Tags
pickled food
Food Products
Domestic
Friendly
Single Bidder
United States
Private
Acquisition
Majority
Completed
Synopsis
TreeHouse Foods, a private-label food and beverage manufacturer in North America, completed the acquisition of pickle branded assets from The JM Smucker Company, a company that manufactures and markets food products on a worldwide basis, for $20m. "This acquisition of assets is consistent with our strategy and enhances TreeHouse Foods' depth in our growing pickles category, allowing us to expand into Canada and thus positioning TreeHouse for continued success. We have had a co-packing arrangement with Bick's® pickles for many years and we are pleased to integrate this business with our manufacturing network," Steve Oakland, TreeHouse Foods Chairman, CEO and President.
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