BofA Supports Smucker Acqusition of Ainsworth Pet Nutrition

J.M. Smucker entered into a $1.5 billion term loan credit agreement with Bank of America. The funds will be used to finance the company’s recent acquisition of Ainsworth Pet Nutrition.

Deloitte Corporate Finance Advises Enray Sale to Smucker

Deloitte Corporate Finance acted as the exclusive financial advisor to Enray in its sale to The J.M. Smucker Company. The companies expect the transaction to further facilitate Enray’s position in the gluten-free and organic food industry.