B&G Foods, Inc. acquired Frozen Vegetable Manufacturing Operations of Growers Express LLC.
May 04, 2022
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B&G Foods, Inc. (NYSE:BGS) acquired Frozen Vegetable Manufacturing Operations of Growers Express LLC on May 5, 2022. B&G Foods funded the acquisition and related fees and expenses with cash on hand and revolving loans under its existing credit facility. Approximately 155 employees will transfer to B&G Foods. Holt Foster and Ryan Scofield of Sidley Austin LLP acted as legal advisor to Growers Express, LLC.
B&G Foods, Inc. (NYSE:BGS) completed the acquisition of Frozen Vegetable Manufacturing Operations of Growers Express LLC for $27.3 million on May 5, 2022.
B&G Foods, Inc. manufactures, sells and distributes branded shelf-stable and frozen foods across the United States, Canada and Puerto Rico. The Company complements its branded product retail sales with institutional and foodservice sales and private label sales. Its products include frozen and canned vegetables, crackers, canola and other cooking oils, vegetable shortening, cooking sprays, oatmeal and other hot cereals, fruit spreads, bagel chips, spices, hot sauces, baking soda, corn starch, nut clusters and other specialty products. The Company has more than 50 brands, including B&G, B&M, Bear Creek, Cream of Wheat, Crisco, Dash, Green Giant, Las Palmas, Le Sueur, Mama Maryâs, Maple Grove Farms, New York Style, Ortega, Polaner, Spice Islands and Victoria. The Company sells, markets and distributes its products through a multiple-channel sales, marketing and distribution system to various United States food channels, including sales and shipments to supermarkets and mass merchants.
B&G FOODS, INC. 
