Hot on the heels of the announcement that it is acquiring Hostess Brands, the JM Smucker Company said it is divesting the Seattle-based nut and trail mix producer under a focused ‘portfolio and resource optimisation’ plan to support continued growth.
There is a new kid on the snacking block as three established brands – Kar’s Nuts, Second Nature Snacks and Sanders Chocolates – combine to become one platform company with a mission driven vision.