Smucker's to acquire Big Heart Pet Brands, expand center store presence

Smucker's to acquire Big Heart Pet Brands, expand center store presence

The J.M. Smucker Co. has entered into the $21 billion pet food and snacks segment with a definitive agreement to acquire Big Heart Pet Brands in a cash and stock transaction valued at approximately $5.8 billion.

Big Heart Pet Brands’ portfolio of brands includes Meow Mix, Milk-Bone, Kibbles ‘n Bits, 9 Lives, Milo’s Kitchen and other brands. The company changed its name from Del Monte following the sale of its fruits, vegetables and other consumer foods portfolio on Feb. 18, 2014.<

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