The J. M. Smucker Co., Orrville, OH, has signed a definitive agreement on Aug. 6 to acquire Sahale Snacks Inc. The Seattle-based company that manufactures and markets premium, branded nut and fruit snacks that are primarily sold in the U.S. under the Sahale Snacks brand.
Sahale’s net sales are projected to be approximately $50 million for the 2014 calendar year, primarily in the club, convenience and grocery retail channels. The acquisition includes a leased facility in Seattle and will add approximately 150 employees to The J. M. Smucker Co. The transaction, which is expected to close by mid-September, is not anticipated to have a material impact on its fiscal 2015 financial results.