J.M. Smucker Buys Enray

Aug 22, 2013

J. M. Smucker Co. today (Aug. 21) announced it acquired Enray Inc., a privately-held company headquartered in Livermore, Calif. Enray is a manufacturer and marketer of premium organic, gluten-free ancient grain products, including sprouted and non-sprouted grains, pasta and cookies. Most are sold under its flagship brand truRoots.

Enray generated net sales of more than $45 million over its most recent 12-month period. The transaction includes a leased manufacturing facility in Livermore. Details of the transaction were not disclosed.

"This acquisition strengthens and adds to the breadth of our natural foods business, extending it beyond the leadership position we currently hold in the natural and organic beverages category," said CEO Richard Smucker. "The addition of the truRoots brand and its organic quinoa and other ancient grain products provides an on-trend, compelling product platform across the rapidly growing gluten-free market."

Join the discussion

We welcome your thoughtful comments. Please comply with our Community rules.
All comments will display your user name.

Want to participate in the discussion?

Register for free

Log in for complete access.

Comments

No one has commented on this page yet.

RSS feed for comments on this page | RSS feed for all comments