B&G Foods buys Del Monte Foods’ broth, stock brands
Yahoo Finance·2026-01-16 18:57
B&G Foods has agreed to purchase the broth and stock brands of Del Monte Foods for around $110m in cash. The transaction is part of a wider, court‑overseen sales process following Del Monte Foods’ bankruptcy filing in July last year and involves two other buyers - Fresh Del Monte Produce and Pacific Coast Producers. New Jersey-headquartered B&G Foods, which owns the Crisco and Ortega brands, said it had emerged as the winning bidder for the broth and stocks business in a competitive auction process. It ...