May 18/Orrville, Ohio/Cleveland Plain Dealer -- The J.M. Smucker Co.'s acquisition of Cafe Bustelo and Cafe Pilon expands its coffee business into the espresso category and may widen its appeal to Hispanic coffee lovers.
Smucker, the company that makes Folgers Coffee in addition to its namesake jellies and jams, paid $360 million to buy the coffee brands and Miami operations of Rowland Coffee Roasters Inc.