B&G Foods to acquire Crisco shortening brand from Smucker’s for $550m
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 […]