ACH

B&G Foods, the US foods manufacturer, has announced that it has entered into an agreement to acquire the spices and seasonings business of ACH for approximately $365 million in cash, subject to a post-closing inventory adjustment. The ACH spices and seasonings business includes the Spice Islands, Tone’s and Durkee brand, in addition to Weber brand sauces and seasonings, which are sold under licence. The acquisition also includes a manufacturing facility in Ankeny, IA, …