---
schema_version: "secwatch.filing_event.v1"
accession: "0000091419-23-000015"
form_type: "8-K"
ticker: "SJM"
cik: "0000091419"
company_name: "J M SMUCKER Co"
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T22:17:12.389872+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Smucker to sell pet brands (Rachael Ray Nutrish, 9Lives, etc.) to Post for ~$1.2B

## Summary
- Transaction valued at ~$1.2B: $700M cash + ~5.39M shares of Post Holdings common stock.
- Brands sold: Rachael Ray Nutrish, 9Lives, Kibbles 'n Bits, Nature's Recipe, Gravy Train, plus private label pet food.
- Divested brands expected to generate ~$1.5B net sales for fiscal year ending April 30, 2023.
- Deal expected to close in Q4 FY2023, subject to regulatory approvals; dilutive to adjusted EPS by ~$0.45 full-year.
- Smucker to focus on dog snacks (Milk-Bone) and cat food (Meow Mix) in remaining pet business.

## SEC filing metadata
- accession: 0000091419-23-000015
- form_type: 8-K
- ticker: SJM
- cik: 0000091419
- company_name: J M SMUCKER Co
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/91419/000009141923000015/0000091419-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91419/000009141923000015/sjm-20230208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000091419-23-000015
- JSON: https://secwatch.observer/filing/0000091419-23-000015.json
- Plain text: https://secwatch.observer/filing/0000091419-23-000015.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.