The J.M. Smucker Company, a major food and drink manufacturer based in Wayne County, has plans sell one of its cookie brands.

J.M. Smucker said on Tuesday it would sell its cookie brand, Voortman, to U.S.-based premium snacks maker Second Name Brands in a $305 million all-cash deal. The Jif peanut butter maker, which was exploring a sale of Voortman in July as reported by Reuters citing sources,

Second Nature Brands anticipates the transaction will grow its presence within the specialty cookies category.

The buyout encompasses the Voortman Bakery brand, its manufacturing facility in Burlington, Ontario, and about 300 employees.

ORRVILLE, Ohio - J.M. Smucker Co. in Orrville, Ohio, led this week’s mergers and acquisitions in Northeast Ohio with the proposed sale of its Voortman cookie brand to Second Nature Brands for $305 million in cash.

J.M. Smucker Co. agreed to sell its Voortman Cookies business to CapVest Partners-controlled Second Nature Brands for $305 million, as the US snack maker looks to focus on its core operations.

Ohio-based Second Nature Brands to purchase the cookie maker in an all-cash deal, though it has said whether it will maintain Voortman’s Canadian operations and work force

J.M. Smucker said on Tuesday it would sell its cookie brand, Voortman, to U.S.-based premium snacks maker Second Name Brands in a $305 million all-cash deal.