The sale of snack brand Back To Nature to Barilla Group by B&G Foods for an undisclosed sum marks the next phase in B&G’s reorganization intended to clarify the company’s focus, pay-off debt as interest rates rise and lower its dividend to a more...
B&G Foods is selling its Portland, Maine, manufacturing facility to the Institute for Digital Engineering and Life Sciences to cut costs and boost efficiencies at a time when the overall food and beverage industry is struggling with inflation and...
B&G Foods -- parent company to household name brands including Ortega, Green Giant, and Crisco -- has appointed Kenneth C. “Casey” Keller as its next president and CEO, effective June 14, 2021, replacing B&G Foods’ interim president and CEO, David...
Reporting a 22% net sales increase to $495.8m for the third quarter (ended Sept. 27, 2020), B&G Foods continues to benefit from its portfolio of brands and products which are “very well-suited for the stay at home, work at home, cook and eat at home...
JM Smucker Co. is selling its iconic line of Crisco oils and shortening to B&G Foods for $550m cash in a deal that allows it to dedicate more resources to its “core growth platforms” while simultaneously strengthening B&G’s small but growing baking...
