B&G Foods has wrapped up its previously announced $550 million acquisition of the Crisco brand of oils and shortening from The J.M. Smucker Co. (Smucker’s). As part of the deal announced in October 2020, the US-based branded foods company also acquired a manufacturing facility and warehouse located in Cincinnati, Ohio. B&G Foods anticipates the transaction […]
US-based branded foods company B&G Foods has agreed to acquire the Crisco brand of oils and shortening from The J.M. Smucker Co. (Smucker’s) for nearly $550 million in an all-cash deal. As part of the deal, B&G Foods is also acquiring a manufacturing plant and warehouse located in Cincinnati, Ohio. The deal also includes Smucker’s […]
B&G Foods said that its Mexican food brand Ortega has launched its first range of Ortega taco shells and tortillas made with cauliflower in the US. According to the New Jersey-based frozen foods manufacturer, Ortega Cauliflower & Corn Taco Shells and Ortega Cauliflower & Flour Tortillas provides an alternative to traditional corn taco shells and […]
B&G Foods, a New Jersey-based frozen foods manufacturer, has acquired french fries manufacturer Farmwise for an undisclosed price. Farmwise, which is based in Wellesley, Massachusetts, is the owner of the Veggie Fries, Veggie Tots, and Veggie Rings brands. Its french fries brands, which are vegan, Non-GMO Project verified and free of the top eight allergens […]
Food acquisition news : US chocolate and snacks manufacturer The Hershey Company (Hershey’s) has agreed to acquire Pirate Brands, a manufacturer of cheese puffs, from B&G Foods for $420 million in an all-cash deal. Pirate Brands, which makes baked, all-natural, trans fat and gluten free snack brands, is the owner of the Pirate’s Booty, Smart […]