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Smucker Closes Acquisition Of Organic Ancient Grains Company

August 21, 2013: 12:00 AM EST
Fruit spread maker J. M. Smucker Company has acquired Enray Inc., a privately-held California firm that makes premium organic, gluten-free ancient grain products. Terms of the acquisition were not disclosed; last year, Enray’s sales were $45 million. The company’s product lines include sprouted and non-sprouted grains, pasta, and cookies sold mainly under the flagship brand truRoots. Smucker said the acquisition would extend “the leadership position we currently hold in the natural and organic beverages category". Smucker also makes packaged coffee, peanut butter, shortening and oils, ice cream toppings, sweetened condensed milk, and health and natural foods and beverages.
"The J. M. Smucker Company Acquires Enray Inc., A Leading Organic, Gluten-Free Ancient Grain Company ", News release, J.M. Smucker, August 21, 2013, © J.M. Smucker
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