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home / news releases / SJM - J.M. Smucker - Bye Baking

SJM - J.M. Smucker - Bye Baking

J.M. Smucker Company
  • J.M. Smucker is selling the remaining baking business at non-demanding multiples to B&G Foods.
  • While focus on core strategies is to be applauded, I am not impressed with the multiples received in this deal.
  • M&A into strategic growth areas has resulted in quite some debt, while organic growth continues a struggle, albeit that valuations remain very low.

For further details see:

J.M. Smucker - Bye Baking
Stock Information
Company Name: J.M. Smucker Company
Stock Symbol: SJM
Market: NYSE
Website: jmsmucker.com
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