B&G Foods Divests Premium Vegetable Brand Le Sueur to McCall Farms in Strategic Portfolio Reshaping
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B&G Foods sells Le Sueur brand to McCall Farms
Parsippany-based consumer-packaged goods giant B&G Foods Inc. sold its Le Sueur brand of premium sweet peas, green beans and carrots to a South Carolina-headquartered canning and freezing company. B&G did not disclose financial terms of its deal with McCall Farms Inc. in an Aug. 1 press release. However, the company said it will use proceeds to repay long-term debt. The move comes a decade after B&G acquired Le Suer and Green Giant brands of fro…
B&G Foods Sells the Le Sueur Brand to McCall Farms
PARSIPPANY, N.J.–(BUSINESS WIRE)–B&G Foods, Inc. (NYSE: BGS) announced today that it has sold the Le Sueur brand of premium sweet peas, green beans and carrots to McCall Farms, Inc. “Our sale of the Le Sueur brand represents continued progress in our ongoing efforts to reshape our portfolio, sharpen focus on our core brands and reduce long-term debt,” said Casey Keller, President and Chief Executive Officer of B&G Foods. “The Le Sueur brand has …
#B&G Foods Streamlines Operations The Sale of Le Sueur Brand Marks a New Chapter
In a strategic move aimed at refining its business portfolio, B&G Foods, Inc. (NYSE: BGS) has announced the sale of its iconic Le Sueur brand to McCall Farms, Inc. in a deal that highlights the company's commitment to focusing on its core operations while managing long-term financial s. The Le Sueur brand, renowned for its premium sweet peas, green beans, and carrots, has long been a staple in households across the country. Casey Keller, Preside…
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