J.M. Smucker pays up for Nutrish pet-food brand, may sell Pillsbury division
April 05, 2018 at 07:40 AM EDT
J.M. Smucker Co. will pay almost $2 billion for Ainsworth Pet Nutrition, a premium pet food company known for its Nutrish brand pitched by Rachael Ray, and will consider selling its baking division that is led by the Pillsbury brand.