Food & Beverage M&A » By The Online Investor Staff, updated Thu., Apr. 18, 8:34 PM
Recent mergers and acquisitions in the Food & Beverage M&A category.
Slide #65. B&G Foods, Inc. — Robert's American Gourmet Food, LLC dba Pirate Brands
Acquirer: |
B&G Foods, Inc. (NYSE:BGS) |
Acquiree: |
Robert's American Gourmet Food, LLC dba Pirate Brands |
Details: |
B&G Foods, Inc. (NYSE:BGS) announced today that it has entered into an agreement to acquire Robert's American Gourmet Food, LLC dba Pirate Brands, a leader in the all-natural snack foods category, from VMG Partners, Driven Capital Management, founder Robert Ehrlich and certain other entities and individuals, for approximately $195 million in cash. |
B&G Foods is a holding company. Through its subsidiaries, Co. manufactures, sells and distributes a portfolio of shelf-stable and frozen food and household products. Co.'s brands and product lines include: The Green Giant and Le Sueur brands, which provide vegetables grown and picked in the Valley of the Jolly Green Giant; The Crisco brand, which provides vegetable oil, cooking oils and cooking sprays; The Ortega brand, which encompasses the Mexican food segment including taco shells, tortillas, seasonings, dinner kits, taco sauces, peppers, refried beans and salsas; and Clabber Girl, which is engaged in baking products, including baking powder, baking soda and corn starch.
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Company Name: |
B&G Foods Inc |
Stock buyback: |
BGS buyback |
Website: |
www.bgfoods.com |
Sector: |
Food & Beverage |
Number of ETFs Holding BGS: |
41 |
Total Market Value Held by ETFs: |
$205.81M |
Total Market Capitalization: |
$837.00M |
% of Market Cap. Held by ETFs: |
24.59% |
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April 18, 2024 8:34 PM Eastern
Sell (1.20 out of 4)
100th percentile
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