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TreeHouse Foods to Purchase Pickle Branded Assets From J.M. Smucker Co.; Steve Oakland Comments

TreeHouse Foods to Purchase Pickle Branded Assets From J.M. Smucker Co.; Steve Oakland Comments


​​OAK BROOK, IL
Wednesday, October 18th, 2023

TreeHouse Foods has made a strategic power play that bolsters its portfolio. Striking a deal with The J.M. Smucker Co., TreeHouse has agreed to purchase the Bick's® pickles, Habitant® pickled beets, Woodman's® horseradish, and McLarens® pickled onions brands for approximately $20 million.

Steve Oakland, Chairman, Chief Executive Officer, and President, TreeHouse Foods"This acquisition of assets is consistent with our strategy and enhances TreeHouse Foods' depth in our growing pickles category, allowing us to expand into Canada and thus positioning TreeHouse for continued success," said Steve Oakland, Chairman, Chief Executive Officer, and President of TreeHouse Foods. "We have had a co-packing arrangement with Bick's pickles for many years, and we are pleased to integrate this business with our manufacturing network."

The brands being acquired generated net sales of approximately $60 million for The J.M. Smucker Co. in its latest fiscal year. The TreeHouse transaction is expected to close in the fourth quarter of its current fiscal year, subject to customary closing conditions.

Striking a deal with The J.M. Smucker Co., TreeHouse Foods has agreed to purchase the Bick's® pickles, Habitant® pickled beets, Woodman's® horseradish, and McLarens® pickled onions brands for approximately $20 million

According to a press release, the purchase amount is also subject to a working capital adjustment.

Keep an eye out for more industry news as we at DMN report.

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Where culinary passion meets business opportunity Simple done right

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In This Story


TreeHouse Foods is a private label food and beverage leader focused on customer brands and custom products. When customers partner with TreeHouse they can expect access to an industry-leading...

For more than 115 years, The J.M. Smucker Company has been committed to offering consumers quality products that help to bring families together to share memorable meals and moments.