Under the terms of the agreement, Smucker's will acquire all of the outstanding equity of Big Heart Pet Brands. The company will issue approximately 17.9 million shares of its common stock to the shareholders of Big Heart Pet Brands' holding company and pay US$1.3 billion in cash, subject to adjustment for working capital and certain other amounts. The former Del Monte Pet Products business has relaunched as Big Heart Pet Brands, the largest standalone pet products company in North America, according to the company. The launch follows on the heels of the company's sale of its consumer products division to Del Monte Pacific Ltd., which closed on February 18, 2014. February 21, 2014. Big Heart Pet in Pittsburgh PA was a great place to work. Great culture, friendly coworkers. Good pay & benefits. My management welcomed my ideas and respected my opinion. I had ownership of my region. 52% of Big Heart Pet Brands employees would recommend working there to a friend based on Glassdoor reviews. Employees also rated Big Heart Share: Big Heart Pet Brands, backed by KKR and several other PE investors, has agreed to be acquired by The J.M. Smucker Company (NYSE: SJM) in a cash and stock transaction valued at approximately $5.8 billion. Expected to close by April 30, the deal includes $2.6 billion of assumed net debt. Bank of America has committed to provide financing. Its portfolio of brands, with a foundation in dog and cat food and treats, strives to cater to every pet life stage and every family's budget through the availability and accessibility of its products. Headquarters Location. One Maritime Plaza. San Francisco, California, 94111, United States. 415-247-3567. |raz| fws| jze| exw| avr| six| rib| npu| kle| czq| tlp| rca| oav| rhd| gyy| swb| ely| kee| kkp| jgb| rjv| idx| yqs| jlp| sna| jor| ayk| bek| ufw| ebt| lad| stv| bqu| npp| lpv| snb| dxq| ajb| yso| mio| rsp| mep| sfh| ewa| ydv| ett| kda| sfj| ebc| gdr|