JM Smucker has sold its Cloverhill and Big Texas brands to fellow US group JTM Foods for around $40m. As well as Cloverhill pastries and Big Texas cinnamon rolls, the deal also includes private ...

ORRVILLE, OHIO — The J.M. Smucker Co. aims to energize its Sweet Baked Snacks business by launching its first brand marketing campaign for Hostess.

JM Smucker recorded a $42.6m pre-tax loss on a group of sweet baked snacks brands classified as “held for sale”. Last month, the company struck a deal to sell its Cloverhill and Big Texas ...