date:Sep 11, 2013
he company also looks to determine whether a potential acquisition will deliver financial metrics that are accretive in the first year or two.
Acquisitions are characterized as one of three types at Smucker: transformational; bolt-on; or enabling. The company recently made an enabling acquisition with the purchase of Enray, Inc., and its flagship brand, truRoots, Mr. Smucker said.
Enabling acquisitions, while typically smaller in size, present opportunities for new products, capabilities and t