Second Nature Brands, the U.S.-based creator of premium, nutritional, and better-for-you snacks and treats, will acquire Sahale Snacks from The J.M. Smucker Co., for a total consideration of $34 million.
With net sales of more than $48 million, Sahale is a manufacturer and marketer of premium, branded nut and fruit snack mixes, sold across the U.S. and internationally under the Sahale Snacks brand. The transaction will include all trademarks, as well as the Sahale Snacks leased manufacturing facility in Seattle. Approximately 100 employees will transition to Second Nature Brands on completion of the deal.