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Smucker outlines acquisition strategy
date:Sep 11, 2013
amily and Santa Cruz Organic brands. The (Enray) acquisition is expected to add sales in excess of $50 million on an annual basis, increasing the scale of our natural foods and specialty businesses, which currently generates approximately $170 million in sales. We are excited about the growth prospects of this business as we integrate it into our marketing, sales and distribution organizations.

Overall, Mr. Smucker said mergers and acquisitions have picked up significantly over the past 12 mont

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