USA: JM Smucker acquires Wesson brand from Conagra
US-based food producer JM Smucker has signed an agreement to acquire oil brand Wesson from Conagra Brands, in an all-cash transaction worth about $285 million. Under the new agreement, Conagra Brands will remain as the producer of the Wesson branded products and provide certain other transition services for up to one year. After this point, production […]