B&G Foods Sells Don Pepino, Sclafani Brands to Private Equity

B&G Foods sells Don Pepino, Sclafani brands to private equity

Parsippany-based consumer-packaged goods giant B&G Foods Inc. sold its Don Pepino pizza sauce brand and Sclafani canned tomato brand to a newly formed portfolio company of Amphora Equity Partners LLC. B&G did not disclose financial terms of its deal with Violet Foods LLC in a May 27 press release, but said it will use proceeds to repay long-term debt. The company said the transaction also included a manufacturing facility in Williamstown where p…

Crisco owner B&G Foods sells tomato brands amid efforts to reshape portfolio

The New Jersey company has been on a selling spree in recent years to streamline its focus and reduce debt.