Folgers is owned by J.M. Smucker (the United States, NYSE: SJM), which acquired the brand on 6 November 2008 for $3.3 billion.[1][2] Before J.M. Smucker, Folgers was owned by Procter & Gamble from 1963 to 2008.[3]
Folgers was founded in San Francisco in 1850 to supply coffee to gold rush prospectors, and is one of the largest ground coffee brands in the United States. Smucker acquired it from Procter & Gamble in 2008 in a transaction structured to be tax-free for P&G shareholders.
Ownership timeline of Folgers
1963 – 2008Procter & Gamble[3]verifiedProcter & Gamble acquired Folgers in 1963 and spun it off to Smucker in 2008.
Smucker acquired Folgers from Procter & Gamble for about $3.3 billion in a Reverse Morris Trust, a structure that let P&G divest the business to shareholders without a large tax charge. It made Smucker the largest packaged coffee company in the United States.
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Frequently asked questions
Who is the parent company of Folgers?
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The parent company of Folgers is J.M. Smucker, a publicly listed company headquartered in the United States.
Is Folgers American?
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Yes. Folgers originated in the United States in 1850 and its owner, J.M. Smucker, is also headquartered in the United States.
When did J.M. Smucker buy Folgers?
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J.M. Smucker completed its acquisition of Folgers on 6 November 2008, after announcing the deal on 4 June 2008. The deal was valued at $3.3 billion (enterprise value).
Who owned Folgers before J.M. Smucker?
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Before J.M. Smucker, Folgers was owned by Procter & Gamble from 1963 until 2008.
Is Folgers still owned by J.M. Smucker?
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Yes. As of 16 September 2026, Folgers is still owned by J.M. Smucker. The ownership record was last checked against primary sources on that date.
Sources (3) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.