B&G Foods - M&A Summary and Business Overview

FoodCompany

B&G Foods M&A Summary

B&G Foods has acquired 21 companies, including 4 in the last 5 years. A total of 8 acquisitions came from private equity firms. It has also divested 2 assets.

B&G Foods’ largest acquisition to date was in 2015, when it acquired General Mills - Green Giant and Le Sueur Brands for $765M. It’s largest disclosed sale occurred in 2018, when it sold B&G Foods - Priate Brands to The Hershey for $420M. B&G Foods has acquired in 12 different US states. The Company’s most targeted sectors include food (100%).

B&G Foods Business Overview

Where is B&G Foods headquartered?

B&G Foods is headquartered in Parsippany, New Jersey.

What is B&G Foods’ revenue?

B&G Foods disclosed revenue of 2,062M USD for 2023 and 2,163M USD for 2022.

How many employees does B&G Foods have?

B&G Foods has 2,967 employees.

What sector is B&G Foods in?

B&G Foods is a food company.

When was B&G Foods founded?

B&G Foods was founded in 1822.

M&A Summary

  • M&A Total Activity21
    • M&A Buy Activity19
    • M&A Sell Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 20
  • M&A Advisors 3

B&G Foods

B&G Foods, Inc.

Four Gatehall Drive,
Parsippany, New Jersey 07054
United States,
(973) 401-6500
www.bgfoods.com

B&G Foods is a manufacturer, seller, and distributor of a diversified portfolio of high-quality, shelf-stable branded food products including pickles and peppers, hot sauces, wine vinegar, maple syrup, molasses, snack foods, fruit spreads, pasta sauces, beans, ready-to-use spices, salad dressings, marinades, taco shells and kits, and taco sauce and seasonings. B&G Foods was founded in 1822 and is based in Parsippany, New Jersey.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.6/yr) # 16 2 - 1 - - 19
vol $2.6B $550M $3.1B
Sell (0.2/yr) # 1 - - 1 - - 2
vol $420M $420M
  21

Most Recent M&A

Company Date Value Type
B&G Foods - Back to Nature 2022-12-15 - Divestiture
Parsippany, New Jersey
Growers Express - Frozen Vegetable Manufacturing Operations 2022-05-05 - Divestiture
Yuma, Arizona
The J.M. Smucker Co. - Crisco Business 2020-10-26 550M USD Divestiture
Orrville, Ohio
Farmwise LLC 2020-02-19 - Add-on Acquisition
Wellesley, Massachusetts · www.farmwisefoods.com
Clabber Girl Corp. 2019-05-15 - Add-on Acquisition
Terre Haute, Indiana · www.clabbergirl.com
B&G Foods, Inc. - Priate Brands 2018-09-12 420M USD Divestiture
Parsippany, New Jersey
TreeHouse Foods, Inc. - McCann’s Irish Oatmeal 2018-07-16 32M USD Divestiture
Oak Brook, Illinois · www.mcanns.ie
Back to Nature Foods Company LLC 2017-08-20 163M USD Add-on Acquisition
Madison, Wisconsin · www.backtonaturefoods.com
Victoria Fine Foods LLC 2016-12-02 70M USD Add-on Acquisition
Brooklyn, New York · www.victoriapacking.com
ACH Food - Spices & Seasonings Business 2016-09-21 365M USD Divestiture
, United States
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Food 19 (100%) 3.1B (100%) 2 (100%) 420M (100%)
Total 19 $3.1B 2 $420M

By Geo

State/Country Buy Value Sell Value
United States 19 3.1B 2 420M
  New Jersey 2 58M 2 420M
  New York 3 420M - -
  Wisconsin 1 163M - -
  Vermont 1 - - -
  South Carolina 1 50M - -
  Ohio 1 550M - -
  Minnesota 1 765M - -
  Massachusetts 1 - - -
  Indiana 1 - - -
  Illinois 1 32M - -
  Arizona 1 - - -
Total 19 $3.1B 2 $420M

Top M&A Advisors

Financial Deals
Barclays Investment Bank
1
RBC Capital Markets
1
Perella Weinberg Partners
1

Deal Values

buy # Total
$100M to $1B 8 $2.8B
< $100M 5 $272M
TOTAL $3.1B
Largest General Mills, Inc. - Green Giant and Le Sueur Brands
$765M (2015-09-03)
sell # Total
$100M to $1B 1 $420M
TOTAL $420M
Largest B&G Foods, Inc. - Priate Brands
$420M (2018-09-12)

M&A Connections

Deals
Acquired from
Investor(s)
32%
6 (32%)
Strategic(s)
53%
10 (53%)
Divested to
Strategic(s)
100%
2 (100%)

 Subscribe to unlock this and 208,602
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.6K Private Equity Firms
  • 201K M&A Transactions
  • 204K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 81K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.