Food & Beverage M&A » By The Online Investor Staff, updated Thu., Mar. 4, 12:50 AM
Recent mergers and acquisitions in the Food & Beverage M&A category.
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Slide #73. B&G Foods, Inc. — TrueNorth nut cluster brand from DeMet's Candy Company
Acquirer:
B&G Foods, Inc. (NYSE:BGS)
Acquiree:
TrueNorth nut cluster brand from DeMet's Candy Company
Details:
B&G Foods, Inc. (NYSE:BGS) announced today that it has acquired the TrueNorth nut cluster brand from DeMet's Candy Company effective May 6, 2013.
B&G Foods is a holding company. Through its subsidiaries, Co. manufactures, sells and distributes branded shelf-stable and frozen foods and household products across United States, Canada and Puerto Rico. Co. complements its branded product retail sales with institutional and food service sales and private label sales. Co.'s products include frozen and canned vegetables, oatmeal and other hot cereals, fruit spreads, canned meats and beans, bagel chips, spices, seasonings, hot sauces, wine vinegar, maple syrup, molasses, salad dressings, pizza crusts, Mexican-style sauces, dry soups, taco shells and kits, salsas, pickles, peppers, tomato-based products, and cookies and crackers.
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Avg. Broker Rec.
 
|
Hold (2.40 out of 4) 7th percentile
(ranked lower than approx. 93% of all stocks covered)
Analysts' Target Price: BGS Stock Forecast Based on Zacks ABR data; powered by Xignite |
