J.M. Smucker: brands it owns and its ownership tree
J.M. Smucker (NYSE: SJM) is a publicly listed company headquartered in Orrville, Ohio, United States that owns 9 consumer brands across 3 categories, and has 1 recorded transaction.[1]
J.M. Smucker was founded in 1897 in Orrville, Ohio, where Jerome Smucker pressed cider and made apple butter, selling it from a wagon with his signature on each lid as a guarantee. It is now built on three legs: coffee, pet food and consumer spreads, and the family still holds significant voting power.
J.M. Smucker acquired Hostess Brands for $34.25 per share in cash and stock, adding Twinkies, CupCakes and Donettes to a portfolio built on coffee, peanut butter and pet snacks. Smucker outbid several other packaged food companies for the business.