YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Smucker sells Pillsbury, Hungry Jack

Posted online

Ohio-based J.M. Smucker Co. has sold its way out of the U.S. baking business.

The company announced it signed a deal to sell its U.S. dry baking goods business, which includes the Pillsbury and Hungry Jack brands.

The buyer, equity firm Brynwood Partners, agreed to pay $375 million for the business.

Read more from The Columbus Dispatch.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick

Open for Business: Planet Fitness

Planet Fitness franchisee PF Arkansas LLC opened its third Springfield club; Leggett & Platt completed a $1.3 billion acquisition; and New Covenant Academy started classes at its new Liberty Campus.

Most Read