B&G Foods plans to acquire the College Inn and Kitchen Basics brands from Del Monte Foods Corporation II Inc. and its affiliates. The closing of the deal is subject to approval by the Bankruptcy Court, the fulfillment of customary closing conditions, and the completion of two other unrelated bankruptcy sales by Del Monte. If approved, the acquisition is expected to be completed during the first quarter of 2026. B&G Foods intends to finance the purchase and related expenses using cash on hand, including proceeds from divestitures, and revolving loans under its existing credit facility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. B&G Foods Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260115153165) on January 15, 2026, and is solely responsible for the information contained therein.