Vending

Second Nature Brands to acquire Sahale Snacks from JM Smucker for $34M

Image: Adobe Stock.

September 28, 2023

Second Nature Brands, the Detroit-based owner of Kar's Nuts and other snack brands, has agreed to acquire Sahale Snacks from The J.M. Smucker Co. for a total consideration of $34 million, according to a press release.

Sahale, with annual sales of more than $48 million, makes branded nut and fruit snack mixes sold across the U.S. and internationally under the Sahale Snacks brand. The transaction will include all trademarks, as well as the Sahale Snacks leased manufacturing facility in Seattle, Washington.

Approximately 100 employees will transition to Second Nature Brands on completion of the deal.

Second Nature Brands includes Kar's Nuts, Second Nature Snacks, Sanders and Brownie Brittle.

The acquisition follows Second Nature Brands' purchase of Brownie Brittle in December 2022.