Sunday, June 22, 2008

A Caffeine Boost for Smucker?

Smucker announced the largest acquisition in its history earlier this month. It will acquire the Folgers coffee business from Procter & Gamble

Coffee will move from zilch to account for 42% of Smucker's sales, thus eclipsing the legacy jam, baking, peanut butter, and milk businesses...

With a name like Smucker, will the coffee be any good?

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