WebOct 26, 2024 · B&G Foods, Inc. (NYSE: BGS) announced today that it has entered into an agreement to acquire the iconic Crisco brand of oils and shortening from The J.M. Smucker Co. for approximately $550 million in cash, subject to a post-closing inventory adjustment. As part of the acquisition, B&G Foods is also acquiring a manufacturing facility and ... WebOct 27, 2024 · 10.27.2024. By Monica Watrous. PARSIPPANY, NJ. — B&G Foods, Inc. has agreed to acquire the Crisco oils and shortening business from The J.M. Smucker Co., Orrville, Ohio, in a cash transaction ...
JM Smucker to Sell Crisco to B&G Foods for $550 Million
WebB&G Foods Inc. for $550 million in cash. The deal includes manufacturing and warehouse facilities in Cincinnati in addition to Crisco-branded products, JM Smucker said in a … WebDec 1, 2024 · B&G Foods ( NYSE: BGS) closes on the $550M acquisition of the well-known Crisco brand of oils and shortening from J. M. Smucker. As part of the acquisition, B&G … lackenhof langlaufen ticket
B&G Foods to Acquire Iconic Crisco® Brand Business Wire
WebDec 23, 2024 · Earlier generations of Americans had produced lard at home after autumn pig slaughters, but by the late 19th century meat processing companies were making lard on an industrial scale. Lard had a noticeable pork taste, but there’s not much evidence that 19th-century Americans objected to it, even in cakes and pies. Instead, its issue was cost. WebOct 26, 2024 · PARSIPPANY, N.J.-- (BUSINESS WIRE)--Oct. 26, 2024-- B&G Foods, Inc. (NYSE: BGS) announced today that it has entered into an agreement to acquire the iconic Crisco brand of oils and shortening from The J.M. Smucker Co. for approximately $550 million in cash, subject to a post-closing inventory adjustment. As part of the acquisition, … WebOct 27, 2024 · Cooking and baking products have gotten a lift from the Covid-19 pandemic. B&G Foods said Tuesday it is buying the Crisco brand from J.M. Smucker , sending its shares higher in midday trading. … prop able