B&G Foods owns familiar supermarket brands like Cream of Wheat, Emeril’s, Ortega, and Polaner. Now it’s picked up a few ingredients to spice up the rest of its pantry with the purchase of the spice brands of ACH Foods for $365 million. That’s another company whose name you probably don’t recognize, but you probably know the spice brands that have been sold: Durkee, Spice Islands, and Tone’s. [More]
B&G Foods
General Mills Selling Off Green Giant, Le Sueur Vegetable Brands In $765M Deal
By 9.3.15
General Mills has had enough frozen and canned vegetables, it seems, as the company announced it’s selling off its Green Giant and Le Sueur brands for $765 million in cash. It’s been trying to move away from packaged food as consumers’ tastes have changed, and this appears to be one more way it’s shedding its old image as it looks for a new approach to selling food. [More]
