J.M Smucker Co. (NYSE: SJM) is buying Sahale Snacks Inc. from private equity firm Palladium Equity Partners LLC.

Seattle, Washington-based Sahale manufactures and markets nut and fruit snacks sold under the Sahale Snacks brand. The company is expecting to reach $50 million in net sales for 2014. Smucker is picking up Sahale's leased facility in Seattle and the company's 150 employees through the deal.

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