2 result(s) displayed (1 - 2 of 2):

Folgers boosts Smucker, but peanut butter dampens outlook (from Corporate Dealmaker)

It looks like the complex deal J.M. Smucker & Co. negotiated to buy Folgers in November 2008 is paying off for the Orville, Ohio, peanut butter and jelly maker. In announcing third-quarter earnings Wednesday, Smucker attributed a 6% jump in third-quarter sales to the Folgers' acquisition.  Smucker acquired Folgers from...

Posted on February 25, 2009 9:31 AM

Smucker's Crisco-Jif deal a prologue to Folgers buy (from Corporate Dealmaker)

Buckeyes Procter & Gamble Co and J.M. Smucker Co. have a long history. And Cincinnati's P&G is hoping Folgers, which it acquired in 1963, will be a profitable strategic addition to Orville, Ohio-based J.M. Smucker's portfolio. P&G shareholders are receiving about 53.5% of Smucker. The deal, after all, is for...

Posted on June 4, 2008 2:49 PM