B&G Foods

B&G Foods, a manufacturer of  branded shelf stable and frozen products, has announced the sale of its Portland facility to the Institute for Digital Engineering and Life Sciences. The move to sell the 13.5-acre waterfront property is part of B&G Foods’ plans to improve productivity and reduce overall costs, the company said. “The Portland community has been the home to B&M for more than a century, and while this was …

US food firm JM Smucker has announced that it has reached an agreement to sell the Crisco oils and shortening business to B&G Foods. According to a company press release, the move is part of JM Smucker’s intent to exit the US baking category to focus on pet food, coffee, and snacking products. The sale includes Crisco’s oils and shortening products, the brand, certain trademarks, and licensing agreements, manufacturing and …

B&G Foods, the US owner of food brands such as Green Giant, has announced it is acquiring baking aids business Clabber Girl from Indiana-based wholesale supplier Hulman & Co for an undisclosed sum. The Clabber Girl product range includes baking powder, bicarbonate of soda and cornflour marketed under brands such as Clabber Girl, Rumford, Davis, Hearth Club and Royal. B&G Foods said it expected the acquired business to generate approximately $70 to $75 …

US confectionery firm Hershey has announced a definitive agreement to purchase Pirate Brands from B&G Foods for $420 million. The “strategic acquisition” includes the Pirate’s Booty, Smart Puffs and Original Tings brands. Pirate Brands will operate within Amplify, Hershey’s ‘better-for-you’ snacking hub in Austin. Commenting on the deal, Hershey’s chief growth officer Mary Beth West said: “Pirate’s Booty is a leading cheese puffs brand loved by moms and kids as a …

US-based consumer goods firm B&G Foods has announced the acquisition of the McCann’s Irish Oatmeal brand from TreeHouse Foods, the private label manufacturer, for $32 million in cash. Positioned as a “premium” Irish oatmeal brand, McCann’s is sold across the USA and Canada as a classic traditional steel cut Irish oatmeal “known for the distinctive, nutty flavor of steel cut Irish oats”. TreeHouse Foods first acquired the McCann’s Irish Oatmeal …

B&G Foods has entered into an agreement to acquire snack company Back to Nature Foods for approximately $162.5 million in cash. Back To Nature Foods specializes in ‘better-for-you’ products. Its product range encompasses cereal, biscuits, crackers, nuts and soup Robert C Cantwell, president and chief executive officer of B&G Foods, commented: “We are very pleased to add Back to Nature to the B&G Foods family of brands. Consistent with our …

US-based consumer goods firm B&G Foods is adding to its portfolio, having agreed to acquire Victoria Fine Foods for $70 million. Post acquisition, B&G projects that the Victoria brand, once integrated, will generate $41 million in sales. Brooklyn, USA based Victoria Foods offers pastas and speciality sauces, condiments and spreads under the Victoria brand.  Victoria sauces are described as being slow kettle-cooked in small batches, using traditional cooking methods, to …

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, …

B&G Foods, a snack company which sells across the United States, Canada and Puerto Rico, is reportedly just one step away from acquiring the Green Giant frozen and canned vegetable business from General Mills. According to sources quoted by Reuters, B&G is in late stage discussions but General Mills could yet turn to other interested parties should negotiations fall through. Bonduelle, Cerberus and Platinum Equity are all said to have …