B&G Foods Agrees To Sell Green Giant, Le Sieur Vegetable Product Lines To Nortera Foods; Financial Terms Not Disclosed

B&G Foods, Inc. (NYSE: BGS) announced today that it has entered into an agreement to sell the Green Giant and Le Sieur frozen and shelf-stable vegetable product lines in Canada to Nortera Foods. B&G Foods expects the sale to close during the fourth quarter of 2025 or the first quarter of 2026, subject to regulatory approval in Canada and the satisfaction of customary closing conditions.

The terms of the transaction were not disclosed. Barclays Capital Inc. and Deutsche Bank Securities Inc. acted as financial advisors to B&G Foods.