B&G Foods sells Green Giant Canada brand to Nortera; continues U.S. frozen evaluation

B&G Foods, Inc.

Agreement to sell Green Giant and Le Sieur frozen and shelf-stable vegetable product lines in Canada to Nortera Foods.
Closing expected in Q4 2025 or Q1 2026, subject to Canadian regulatory approval and customary conditions.
B&G Foods continues to evaluate a possible divestiture of its Green Giant U.S. frozen vegetable product line.
Proceeds from sale to be used for debt repayment, general corporate purposes, and related taxes and fees.
Terms of the transaction were not disclosed.

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