Del Monte Foods Holdings Acquired by B&G Foods | Consumer M&A Deal

B&G Foods has completed the acquisition of Del Monte Foods Holdings, a consumer other business in New Jersey, for $109.7 million. B&G Foods acquisitions add the College Inn and Kitchen Basics brands from Del Monte Foods Holdings, expanding broth and stock offerings for U.S. consumers. The consumer other acquisition strengthens B&G Foods’ consumer M&A portfolio in NJ acquisitions and supports a broader shelf-stable food lineup. The platform acquisition is a strategic acquisition by B&G Foods, with the purchase price reflecting preliminary purchase price allocation and related borrowings, and it follows prior consumer deals including the Don Pepino divestiture for $10.6 million and the Le Sueur U.S. divestiture for $59.1 million.