JM Smucker sells strong-performing Crisco for $550m to B&G Foods
By A Mystery Man Writer
Last updated 17 Jul 2024
![JM Smucker sells strong-performing Crisco for $550m to B&G Foods](https://www.foodnavigator-usa.com/var/wrbm_gb_food_pharma/storage/images/publications/food-beverage-nutrition/foodnavigator-usa.com/article/2020/10/27/jm-smucker-sells-strong-performing-crisco-for-550m-to-b-g-foods-to-focus-coffee-snacking-pet-food/11888548-1-eng-GB/JM-Smucker-sells-strong-performing-Crisco-for-550m-to-B-G-Foods-to-focus-coffee-snacking-pet-food.jpg)
JM Smucker Co. is selling its iconic line of Crisco oils and shortening to B&G Foods for $550m cash in a deal that allows it to dedicate more resources to its “core growth platforms” while simultaneously strengthening B&G’s small but growing baking business.
![JM Smucker sells strong-performing Crisco for $550m to B&G Foods](https://d1b6lhn2ymmy1x.cloudfront.net/journalist-headshots/food/doering-christopher-square-600x600.jpg)
Christopher Doering
![JM Smucker sells strong-performing Crisco for $550m to B&G Foods](https://www.foodnavigator-usa.com/var/wrbm_gb_food_pharma/storage/images/publications/food-beverage-nutrition/foodnavigator-usa.com/article/2020/10/27/jm-smucker-sells-strong-performing-crisco-for-550m-to-b-g-foods-to-focus-coffee-snacking-pet-food/11888548-1-eng-GB/JM-Smucker-sells-strong-performing-Crisco-for-550m-to-B-G-Foods-to-focus-coffee-snacking-pet-food.jpg)
JM Smucker sells strong-performing Crisco for $550m to B&G Foods to focus coffee, snacking & pet food
![JM Smucker sells strong-performing Crisco for $550m to B&G Foods](https://www.beveragedaily.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/food-beverage-nutrition/beveragedaily.com/news/manufacturers/ab-inbev-q3-results-show-resilience-of-the-beer-category/11894326-3-eng-GB/AB-InBev-Q3-results-show-resilience-of-the-beer-category.jpg)
All news articles for October 2020
![JM Smucker sells strong-performing Crisco for $550m to B&G Foods](https://shelbyreport.nyc3.cdn.digitaloceanspaces.com/wp-content/uploads/2019/01/BG-logo.jpg)
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B&g Snacks Discounts Wholesale
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FDA approves qualified health claim for soybean oil
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![JM Smucker sells strong-performing Crisco for $550m to B&G Foods](https://www.foodnavigator-usa.com/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/food-beverage-nutrition/foodnavigator-usa.com/news/manufacturers/b-g-foods-completes-strong-q3-sets-270m-2021-net-sales-goal-for-crisco/11922404-1-eng-GB/B-G-Foods-completes-strong-Q3-sets-270m-2021-net-sales-goal-for-Crisco.jpg)
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![JM Smucker sells strong-performing Crisco for $550m to B&G Foods](https://www.bakingbusiness.com/ext/resources/2020/2/FarmwiseProducts1200x800.jpg?height=667&t=1582206697&width=1080)
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