The J. M. Smucker Company (NYSE:SJM) is looking for M&A. Mark Smucker, Chair of the Board, President and Chief Executive Officer said, "Yes, we feel very good about our balance sheet right now. And obviously, this has been our intent all along. As you know, we have over the last couple of years been really focused in terms of refining our portfolio.

But it does not mean that we're not interested in acquisitions. We remain very interested. And as you know, the industry as a whole has been somewhat quiet on the M&A front, but it's not for lack of investigating and looking, keeping lines in the water.

And so we hope that M&A will continue -- or acquisition specifically will continue to play an important part of our growth story over time".