M&A Deal Summary

B&G Foods Acquires Farmwise

On February 19, 2020, B&G Foods acquired food company Farmwise

Acquisition Highlights
  • This is B&G Foods’ 17th transaction in the Food sector.
  • This is B&G Foods’ 17th transaction in the United States.
  • This is B&G Foods’ 1st transaction in Massachusetts.

M&A Deal Summary

Date 2020-02-19
Target Farmwise
Sector Food
Buyer(s) B&G Foods
Deal Type Add-on Acquisition

Target

Farmwise

Wellesley, Massachusetts, United States
Farmwise LLC is a provider of vegan foods under the brand of Farmwise, Veggie Fries, Veggie Tots, and Veggie Rings. Farmwise is based in Wellesley, Massachusetts.

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Buyer(S) 1

Buyer

B&G Foods

Parsippany, New Jersey, United States

Category Company
Founded 1822
Sector Food
Employees2,967
Revenue 2.1B USD (2023)
DESCRIPTION

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.


DEAL STATS #
Overall 17 of 19
Sector (Food) 17 of 19
Type (Add-on Acquisition) 9 of 9
State (Massachusetts) 1 of 1
Country (United States) 17 of 19
Year (2020) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-15 Clabber Girl

Terre Haute, Indiana, United States

Clabber Girl Corp. is the manufacturer of Clabber Girl Baking Powder, the #1 retail baking powder brand in the nation. For more than 150 years, Clabber Girl has earned the trust of home cooks and culinary professionals alike. Today, Clabber Girl is more than just baking powder; it is a leader in the food industry. Recently, it has expanded its product offerings to include a broader range of cooking and baking ingredients, creating a stronger presence in retail, foodservice and industrial markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-26 The J.M. Smucker - Crisco Business

Orrville, Ohio, United States

The J.M. Smucker Co. - Crisco Business is a provider of oils and shortening with additional products include a cooking spray, various olive oils, and other cooking oils, including canola, corn, peanut, olive, sunflower, and blended oils.

Buy $550M