The J. M. Smucker Company Acquires Leading Hispanic Brands From Rowland Coffee Roasters

The J. M. Smucker Company SJM today announced that it has completed an acquisition of the coffee brands and business operations of Rowland Coffee Roasters. Rowland Coffee's products are primarily sold under the leading Hispanic Cafe Bustelo and Cafe Pilon brands with distribution in retail and foodservice channels concentrated in the northeastern U.S. and southern Florida. It is a leading producer of espresso coffee in the U.S., generating total net sales in excess of $110 million in calendar 2010. The acquisition includes a manufacturing, distribution, and office facility in Miami. "This acquisition strengthens and broadens the breadth of our leadership in the U.S. retail coffee category," said Richard Smucker, Executive Chairman and Co-Chief Executive Officer. "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."