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ClosedPublished 20 Mar 2026

B&G Foods, Inc. /
Del Monte Foods Corporation II Inc.

B&G Foods completes purchase of College Inn and Kitchen Basics broth business

Buy side: B&G Foods, Inc.
Buy sideB&G Foods, Inc.
Target: Del Monte Foods Corporation II Inc.
TargetDel Monte Foods Corporation II Inc.
B&G Foods, Inc. · 20 Mar 2026Source
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Buy side: B&G Foods, Inc.
Buy sideB&G Foods, Inc.
Target: Del Monte Foods Corporation II Inc.
TargetDel Monte Foods Corporation II Inc.
01 / BuyerB&G Foods, Inc.
02 / TargetDel Monte Foods Corporation II Inc.
Source for the buyer and target: B&G Foods, Inc.

For the buyer and target.

“B&G Foods, Inc. (NYSE: BGS) announced today that it has completed the acquisition of the broth and stock business of Del Monte Foods Corporation II Inc. and its affiliates, including the College Inn and Kitchen Basics brands, for approximately $110 million in cash.”

Published 20 Mar 2026

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01

What happened

B&G Foods has finished buying the broth and stock business of Del Monte Foods, including the College Inn and Kitchen Basics brands, for about $110 million in cash. The deal was funded with cash on hand, including divestiture proceeds, and revolving loans under its existing credit facility. [01]

The assets were bought through a competitive auction held during Del Monte Foods' Chapter 11 bankruptcy proceedings. B&G Foods expects the acquisition to be immediately accretive to its earnings per share, adjusted EBITDA and free cash flow. [01]

02

The source

Everything on this page comes from the source below, quoted word for word.

01
Source · B&G Foods, Inc.

B&G Foods completes purchase of College Inn and Kitchen Basics broth business

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03

Timeline

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  1. Published by B&G Foods, Inc.

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