How Is B&G Foods Reshaping Its Brand Portfolio for Growth?
Key Takeaways BGS to acquire Del Monte's broth and stock business for about $110 million.B&G Foods expects the brands to be accretive, adding $110-$120M sales and $18-$22M adjusted EBITDA.Deal anticipated to close in Q1 2026, with around 5.5x EBITDA multiple (roughly 4.8x after tax benefits).B&G Foods, Inc. (BGS) continues to sharpen its focus on core pantry categories by selectively adding established brands with steady demand profiles. The move involves the acquisition of Del Monte Foods’ broth and stock ...