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Old 06-04-2008, 08:46 AM   #1
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Folgers/Smuckers merge

http://www.smucker.com/fc/investor/default.asp?

Smuckers aquires Folgers today. We just found out this morning (I work for Folgers) and heard it on a webcast.
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Old 06-04-2008, 08:49 AM   #2
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Mmm, coffee flavored jelly.
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Old 06-04-2008, 08:50 AM   #3
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I sure hope they name it Smolgers.


Seriously, I hope that it works out for you.
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Old 06-04-2008, 08:56 AM   #4
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Originally Posted by CT Saints Fan View Post
I sure hope they name it Smolgers.


Seriously, I hope that it works out for you.
Well see if it does.

Smolgers? Better than Folkers?
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Old 06-04-2008, 08:58 AM   #5
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I don't really get why a Jelly company is going after a coffee company. Good luck with the merge.
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Old 06-04-2008, 08:58 AM   #6
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Well see if it does.

Smolgers? Better than Folkers?
Oh, yeah, "Folkers," I guess that's a choice too. Whew!
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Old 06-04-2008, 08:59 AM   #7
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I don't really get why a Jelly company is going after a coffee company. Good luck with the merge.
Because the people who buy jelly are the same people who buy coffee. And they buy it at the same places. So there are very significant synergies in selling 2 different items to the same buyers through the same distribution channels.
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Old 06-04-2008, 09:00 AM   #8
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Hey - you got coffee in my jelly!

You got jelly in my coffee!




Now two great tastes - together at last!
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Old 06-04-2008, 09:02 AM   #9
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The best part of waking up is Smolgers in your cup?



Anyway, Community & Mello Joy >>>>>>>>> all.
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Old 06-04-2008, 09:08 AM   #10
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With a name like Smolgers, it has to be good to the last drop.
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Old 06-04-2008, 09:18 AM   #11
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coffee-filled donuts???
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Old 06-04-2008, 09:19 AM   #12
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Mmm, coffee flavored jelly.

my first thought was jelly-flavored coffee.
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Old 06-04-2008, 09:38 AM   #13
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Because the people who buy jelly are the same people who buy coffee. And they buy it at the same places. So there are very significant synergies in selling 2 different items to the same buyers through the same distribution channels.
I just don't see any cost savings there. Reminds me (to a lesser degree) of Blockbuster going after Circuit city. Sure there are some sililarities but I doubt there are enough to justify the move.
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Old 06-04-2008, 09:40 AM   #14
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coffee-filled donuts???

i would eat those.
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Old 06-04-2008, 09:42 AM   #15
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I just don't see any cost savings there. Reminds me (to a lesser degree) of Blockbuster going after Circuit city. Sure there are some sililarities but I doubt there are enough to justify the move.
You don't necessarily have to increase economies of scale to make an acquisition. They simply may have reviewed the company's financials, evaluated the market, and found it attractive for whatever reason. Maybe they saw inefficiencies in the management or structuring - and believe they can make improvements. It may not really matter that the products aren' that similar.
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