B&G Foods buys Del Monte Foods’ broth brands for $110M

This story was originally published on Food Dive. To receive daily news and insights, subscribe to our free daily Food Dive newsletter. Dive Brief: B&G Foods is buying Del Monte Foods’ broth and stock business, which includes the College Inn and Kitchen Basics brands, for approximately $110 million. B&G said it was the winner for the broth and stock business following a “competitive auction process” that was conducted in connection with Del Monte Foods’ bankruptcy. The acquisition is expected to close ...