B&G Foods wraps up $550m acquisition of Crisco shortening brand

B&G Foods wraps up $550m acquisition of Crisco shortening brand

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 […]