Vending

B & G Foods to sell Back to Nature brand to Barilla America

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December 19, 2022

B&G Foods, Inc. has agreed to sell the Back to Nature snack brand to Barilla America for an undisclosed sum.

"Our decision to sell Back to Nature is part of a broader effort at B&G Foods to focus our portfolio on businesses that are core to our long-term strategy as we transition to a business unit structure," Casey Keller, president and CEO of B&G Foods, said in the press release.

B&G Foods expects the sale to close in the first quarter of 2023, subject to the satisfaction of customary closing conditions. B&G Foods intends to use the net proceeds from the sale for the repayment of long-term debt.