J M SMUCKER Co acquisition history.

With this acquisition, we are adding an iconic sweet snacking platform; enhancing our ability to deliver brands consumers love and convenient solutions they desire; and leveraging the attributes Hostess Brands offers.

Consumers' increasing reliance on snacking to fit lifestyle needs and convenience choices has expanded the occasions where the category can deliver, and the sweet baked goods category is one of the largest and fastest growing in the industry.

We are excited to have completed this transaction, which increases the scale and further accelerates the growth profile of our pet food and pet snacks business.

The Ainsworth team has done a tremendous job growing this business, building Rachael Ray Nutrish into one of the most recognizable premium pet food brands in the United States.

We are excited to have completed this transaction, which provides the Company an immediate and significant presence in the large and growing pet food and snacks category.

Big Heart Pet Brands markets some of America's best known pet brands.

Includes the contributions from Sahale Snacks, Inc. ('Sahale') since the completion of the acquisition on September 2, 2014.

Enray Inc. ('Enray') since the completion of the acquisition on August 20, 2013.

We are pleased to complete this transaction which adds the market-leading liquid coffee concentrate business to the Smucker portfolio.

The transaction further strengthens our position as a leading North American coffee company, provides new coffee technologies, and adds significant scale to our foodservice business.

This acquisition strengthens and broadens the breadth of our leadership in the U.S. retail coffee category. The addition of the Cafe Bustelo and Cafe Pilon coffee brands, each with a rich heritage, provides us with a unique opportunity to establish a strong presence in coffee with Hispanic consumers in the U.S.

We are very pleased with the completion of the Folgers transaction and believe that, as the number one retail packaged coffee brand in the United States, Folgers clearly aligns with our strategy.

Under the terms of the Merger Agreement, Merger Sub will be merged with and into Eagle, with Eagle surviving the Merger as a wholly owned subsidiary of Smucker. The Merger Agreement provides for total payments by Smucker at the closing of the Merger of approximately $133 million, subject to adjustment.

We are very pleased with the vote of confidence from our shareholders and look forward to completion of this transaction.

The J.M. Smucker Company and The Procter & Gamble Company today announced the completion of the merger of the Jif peanut butter and Crisco shortening and oils businesses into Smucker. This all-stock transaction, in which the Jif and Crisco brands and their associated assets were spun off from Procter & Gamble and then merged into Smucker, was originally announced by Smucker and Procter & Gamble last October.