Sara Lee Sells Foodservice-Coffee Operations to Smucker
Michael Chen
Senior Web Developer
Sara Lee Corp. sold the majority of its North American foodservice coffee and tea operations to J.M. Smucker Co. for $350 million in cash.
The move underscores Sara Lee's continuing efforts to slim down the packaged-foods company, while it is in the process of splitting apart, into an international coffee and tea business and a North American business that includes the Jimmy Dean and Hillshire Farms brands.Sara Lee has been selling off non-core businesses in order to narrow its focus for the past few years.
Source: online.wsj.com/article/SB10001424052970204644504576650843489148926.html
Sarah Williams
February 13, 2025Proin iaculis purus consequat sem cure digni ssim donec porttitora entum suscipit rhoncus. Accusantium quam, ultricies eget id, aliquam eget nibh et. Maecen aliquam, risus at semper.
James Cooper
February 13, 2025Quisque ut nisi. Donec mi odio, faucibus at, scelerisque quis, convallis in, nisi. Suspendisse non nisl sit amet velit hendrerit rutrum. Ut leo. Ut a nisl id ante tempus hendrerit.
Rachel Adams
February 13, 2025Vivamus elementum semper nisi. Aenean vulputate eleifend tellus. Aenean leo ligula, porttitor eu, consequat vitae, eleifend ac, enim.