Smucker Co. Sells Natural Balance Business

The divestiture demonstrates Smucker’s strategy to prioritize investments and resources toward areas that the company believes will generate the greatest growth and profitability.

Morgan Smith

Jan 30, 2021

Nexus Capital Management LP has paid The J.M. Smucker Co. $50 million to acquire its Natural Balancepremium petfood business. The deal includes petfood products sold under the Natural Balancebrand, certain trademarks, and licensing agreements.

The JM Smucker Co.

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