Brynwood Partners VII L.P. has signed a definitive agreement to acquire a portfolio of brands from The J.M. Smucker Company (Smucker) for $375 million. The portfolio includes the exclusive US rights to Pillsbury brand’s shelf-stable baking products along with the Hungry Jack, White Lily, Jim Dandy and Martha White brands.

Conagra Brands is buying Pinnacle Foods in a cash and stock deal worth almost $11 billion.

Campbell Soup Company has announced the retirement of Denise M. Morrison, president, CEO and director.

King's Hawaiian has announced that it has settled a lawsuit over packaging that the company claimed infringed on its intellectual property rights.