B&G Foods, Inc. (BGS): M&A transaction — B&G Foods closes $110M acquisition of College Inn and Kitchen Basics broth/stock brands

B&G Foods, Inc.

Purchase price of ~$110M cash; funded with cash on hand and revolving credit.
Acquisition expected to be immediately accretive to EPS, adjusted EBITDA and free cash flow.
Annualized projected net sales of $110M-$120M, adjusted EBITDA $18M-$22M, EPS $0.08-$0.12.
Expects ~$15M in tax benefits (NPV); purchase price multiple ~5.5x proj. adj. EBITDA (4.8x net of tax benefits).
Acquired from Del Monte Foods in Chapter 11 bankruptcy auction; no prior material relationship.

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

B&G Foods, Inc. completed an acquisition involving Del Monte Foods Holdings Limited and certain of its affiliates for approximately $110 million in cash (closed 2026-03-19).

Action: acquisition
Counterparty: Del Monte Foods Holdings Limited and certain of its affiliates
Consideration: approximately $110 million in cash
Closing: 2026-03-19

Exact text from the filing

On March 19, 2026, B&G Foods, Inc., through its wholly owned subsidiary, B&G Foods North America, Inc., closed on the acquisition of the College Inn and Kitchen Basics broth and stock business from Del Monte Foods Holdings Limited and certain of its affiliates for a purchase price of approximately $110 million in cash, pursuant to an asset purchase agreement.

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B&G Foods, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-26-032468

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