B&G Foods explores sale of Green Giant frozen and canned vegetable businesses, considering divesting 10-15% of net sales.

B&G Foods is exploring the sale of its Green Giant frozen and canned vegetable businesses, considering a possible divestiture of 10-15% of its net sales. The company, which has previously sold its Green Giant US canned vegetable business and snacks brand Back to Nature, is evaluating potential single or series transactions. The frozen vegetable business may not align with B&G Foods' focus and capabilities.

May 09, 2024
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