Smucker, which inherited Cloverhill and Big Texas as part of its $5.6 billion purchase of Hostess Brands in 2023, said the sale would help it cut costs and reduce complexity across its ...

The J.M. Smucker Company has announced the divestiture of its Cloverhill and Big Texas brands, along with other private-label products, to focus on the growth of Hostess Brands Smucker’s ...

"This divestiture reflects our continued commitment to portfolio optimization to prioritize resources to support the execution of our Sweet Baked Snacks strategy, focused on growing the Hostess brand, ...

The divestiture, which also includes some of the Jif peanut butter maker's private-label products, would help it focus on growing Twinkies-maker Hostess Brands, which the company acquired in 2023.

The divestiture, which also includes some of the Jif peanut butter maker's private-label products, would help it focus on growing Twinkies-maker Hostess Brands, which the company acquired in 2023.