---
schema_version: "secwatch.filing_event.v1"
accession: "0000091419-23-000050"
form_type: "8-K"
ticker: "SJM"
cik: "0000091419"
company_name: "J M SMUCKER Co"
filed_at: "2023-04-28T23:59:59+00:00"
generated_at: "2026-06-16T07:29:01.589345+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Smucker closes sale of five pet food brands & private label business to Post Holdings for ~$1.2B

## Summary
- Total consideration ~$1.2B: $700M cash (subject to working capital adj.) + ~5.39M shares of Post Holdings.
- Brands sold: Rachael Ray Nutrish, 9Lives, Kibbles 'n Bits, Nature's Recipe, Gravy Train and private label pet food.
- Facilities transferred: Bloomsburg PA (mfg & distribution), Meadville PA and Lawrence KS (manufacturing).
- Divestiture expected to dilute adjusted EPS by ~$0.45 on full-year basis; company plans to offset via buybacks, debt reduction, Transformation Office.
- Further financial impact details for fiscal 2024 to be provided with Q4 FY2023 results in June.

## SEC filing metadata
- accession: 0000091419-23-000050
- form_type: 8-K
- ticker: SJM
- cik: 0000091419
- company_name: J M SMUCKER Co
- filed_at: 2023-04-28T23:59:59+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/91419/000009141923000050/0000091419-23-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91419/000009141923000050/sjm-20230428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000091419-23-000050
- JSON: https://secwatch.observer/filing/0000091419-23-000050.json
- Plain text: https://secwatch.observer/filing/0000091419-23-000050.txt

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