Smucker CEO on merger with Hostess: ‘We complement each other so well'

. Smucker said this move will help the company expand its snack offerings, noting how the two brands complement each other.

Smucker highlighted his company's Uncrustable snack, a crust-less peanut butter and jelly sandwich, as a product that dovetails well with Hostess's shelf-stable sweet treats."We complement each other so well. I mean, they are doing an excellent job in the convenience channels," he said."We're just now launching an Uncrustable that has a five-day shelf life and can live in that space.

Smucker said he's not worried consumers will lose their taste for sweet snacks, even as obesity drugs and emphasis on healthy eating permeate the U.S. zeitgeist.

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Smucker CEO on merger with Hostess: 'We compliment each other so well'Mark Smucker, CEO of food and beverage manufacturer J.M. Smucker, discussed his company's acquisition of Hostess Brands.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »