Divestiture • Food

TreeHouse Foods Acquires J. M. Smucker - Fermented Food Condiment Brands

On October 17, 2023, TreeHouse Foods acquired food company J. M. Smucker - Fermented Food Condiment Brands from J. M. Smucker for 20M USD

Acquisition Context
  • This is TreeHouse Foods’ 12th transaction in the Food sector.
  • This is TreeHouse Foods’ 11th largest (disclosed) transaction.
  • This is TreeHouse Foods’ 11th transaction in the United States.

Explore All 582 Divestiture Food Deals - Search the Database Free


M&A Deal Summary

Date October 17, 2023
Target J. M. Smucker - Fermented Food Condiment Brands
Sector Food
Buyer(s) TreeHouse Foods
Sellers(s) J. M. Smucker
Deal Type Divestiture
Deal Value 20M USD

Target Company

J. M. Smucker - Fermented Food Condiment Brands

United States
J. M. Smucker's Fermented Food Condiment Brands provides Bick's® pickles, Habitant® pickled beets, Woodman's® horseradish, and McLarens® pickled onions.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

TreeHouse Foods

Oak Brook, Illinois, United States

Category Company
Founded 1862
Sector Food
Revenue 3.4B USD (2024)
DESCRIPTION
TreeHouse Foods' corporate headquarters based in Oak Brook, Illinois.
TreeHouse Foods' corporate headquarters based in Oak Brook, Illinois.

TreeHouse Foods manufactures and distributes private-label food and beverage products across North America. The Company produces snacks, beverages, and meal ingredients, including crackers, coffee, pretzels, cookies, powdered drinks, and condiments, serving grocery retailers, foodservice operators, and e-commerce brands. TreeHouse Foods is headquartered in Oak Brook, Illinois.


Deal Context for Buyer #
Overall 13 of 14
Sector: Food 12 of 13
Type: Divestiture 5 of 5
Country: United States 11 of 12
Year: 2023 1 of 1
Size (of disclosed) 11 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-06 Treehouse Foods - Snack Bars Business

Lakeville, Minnesota, United States

Treehouse Foods' Snack Bars Business consists of a manufacturing facility that produces snack bars in Lakeville, Minnesota.

Sell $63M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-12-02 Harris Freeman

Anaheim, California, United States

Harris Freeman is a private brand tea manufacturer. Harris Freeman was founded in 1981 and is based in Anaheim, California.

Buy $205M

Seller Profile 1

SELLER

J. M. Smucker

Orrville, Ohio, United States

Category Company
Founded 1897
Sector Food
Employees9,000
Revenue 8.2B USD (2024)
DESCRIPTION

J. M. Smucker is a marketer and manufacturer of fruit spreads, retail packaged coffee, peanut butter, shortening and oils, ice cream toppings, sweetened condensed milk, and natural foods products. J. M. Smucker was founded in 1897 and is based in Orrville, Ohio.


Deal Context for Seller #
Overall 8 of 8
Sector: Food 7 of 7
Type: Divestiture 8 of 8
Country: United States 8 of 8
Year: 2023 2 of 2
Size (of disclosed) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-27 Sahale

Seattle, Washington, United States

Sahale is a manufacturer and marketer of premium, branded nut and fruit snack mixes, sold across the US and internationally under the Sahale Snacks brand. Sahale was formed in 2003 and is based in Seattle, Washington.

Sell $34M

Explore Related M&A Activity