The J. M. Smucker Company agrees to buy Sahale Snacks, Inc.
The J. M. Smucker Company, Orrville, Ohio, said it agreed to purchase Sahale Snacks, Inc., a private, Seattle-based manufacturer of Sahale Snacks® premium nut and fruit snacks.
Officials say Sahale's net sales are projected to be approximately $50 million for the 2014 calendar year, primarily in the club, convenience, and grocery retail channels. The acquisition includes a leased facility in Seattle and will add approximately 150 employees. The transaction, which is expected to close by the middle of September, is not anticipated to have a material impact on Smucker’s fiscal 2015 financial results.