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J.M. Smucker Acquires Europe's Best Frozen Fruits and Vegetables

The J.M. Smucker Company enters into an agreement to acquire Europe's Best Inc., a privately-owned company headquartered in Montreal, Quebec. Europe's Best is a brand of premium, all natural, frozen fruit in Canada and, more recently, the United States. "The addition of Europe's Best is an excellent fit with our strategy of owning and marketing North American food brands which hold the number one position in their respective category," comments Tim Smucker, chairman and co-chief executive officer, J.M. Smucker Company. "With the acquisition of Europe's Best, we continue to expand our presence in Canada," adds Mark Smucker, vice president, international, J.M. Smucker Company. "Our portfolio will now include eight No. 1 brands, and provide a strong platform for continued profitable growth.
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