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J. M. Smucker to sell U.S. canned milk brands
November 3, 2015 / 12:42 PM / 2 years ago

J. M. Smucker to sell U.S. canned milk brands

Nov 3 (Reuters) - J. M. Smucker Co said it would sell its U.S. canned milk brands and operations to Eagle Family Foods Group LLC, a unit of private equity firm Kelso & Co.

Smucker said the business sells canned milk products under the Eagle and Magnolia brands and other private label trade names and brings in about $200 million in annual net sales.

Financial terms of the deal were not disclosed. (Reporting by Sruthi Ramakrishnan in Bengaluru; Editing by Savio D‘Souza)

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