Durham Jones & Pinegar was pleased to represent Enray, Inc., a leading manufacturer and marketer of premium organic, gluten-free ancient grain products, including sprouted and non-sprouted grains, pasta, and cookies, which are primarily sold under its flagship brand, truRoots®, in the acquisition of Enray by the J.M. Smucker Company (NYSE:SJM). The transaction closed on August 20, 2013.
D|J|P Shareholder N. Todd Leishman, supported by Associates Elisabeth Calvert Smith and Rachael L. Boettcher, represented Enray, in the transaction. D|J|P Shareholder Mark Astling also advised on tax matters for Enray. Smuckers was represented by in-house counsel and Calfee, Halter & Griswold, LLP, Cleveland, Ohio.
The full news release distributed by Smuckers can be found at http://www.prnewswire.com/news-releases/the-j-m-smucker-company-acquires-enray-inc-a-leading-organic-gluten-free-ancient-grain-company-220488561.html.