Seneca Foods Corporation (NasdaqGS : SENE.A) acquired Green Giant U.S. frozen business from B&G Foods, Inc. (NYSE : BGS) on March 02, 2026. The transaction includes the Green Giant brand and associated intellectual property; Green GiantU.S. frozen inventory and frozen vegetable manufacturing operations in Yuma, Arizona.
Barclays Capital Inc. and Deutsche Bank Securities Inc. acted as financial advisors to B&G Foods, Inc.
Seneca Foods Corporation (NasdaqGS : SENE.A) completed the acquisition of Green Giant U.S. frozen business from B&G Foods, Inc. (NYSE : BGS) on March 02, 2026.
B&G Foods, Inc. manufactures, sells and distributes branded shelf-stable and frozen foods across the United States, Canada and Puerto Rico. Its products include frozen and canned vegetables, vegetable, canola and other cooking oils, vegetable shortening, cooking sprays, oatmeal and other hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, and other specialty products. It operates in four segments: Specialty, Meals, Frozen & Vegetables and Spices & Flavor Solutions. Its products are marketed under various brands, including Ac'cent, B&G, B&M, Baker's Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary's, Clabber Girl, Cream of Rice, Cream of Wheat, Crisco, Dash, Davis, Devonsheer, Don Pepino, Durkee, Grandma's Molasses, Green Giant, Joan of Arc, Las Palmas, Le Sueur, MacDonald's, Mama Mary's, Maple Grove Farms of Vermont, McCann's, Molly McButter, New York Flatbreads, New York Style, Old London, Polaner, and Wright's.
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