B&G Foods

Food industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

US: B&G Foods FY profits up after "strong" year

17 Feb 2012

US food manufacturer B&G Foods has booked an increase in full-year profits, boosted by "solid" sales growth on an organic basis and from recent acquisitions.

In the spotlight - Question marks over Unilever's food unit return

3 Feb 2012

Unilever's food division has been under the microscope in recent months, with a series of disposals and growth in many categories slow, lagging behind its more buoyant non-food businesses As Michelle Russell writes, this week, as Unilever reported its 2011 results, the scrutiny returned.

UK: Unilever likely to sell staple food brands - Fitch

15 Nov 2011

Ratings agency Fitch has said it expects consumer goods group Unilever to offload individual food brands and focus on its fast-growing personal care business.

Best bits: Firms tackle economic gloom

7 Nov 2011

There's been a sense of boldness from the world of food this past week, with companies making interesting moves into new products, acquisitions and territories.

Quote, unquote: just-food's week in words

7 Nov 2011

This week, food giants continued to post third-quarter results including German retailer Metro Group and food manufacturer Kraft Foods. Meanwhile, B&G Foods snapped up four food brands from Unilever. However, Diamond Foods' acquisition of Proctor & Gamble's brand Pringles has been delayed six months due to an investigation.

Editor's choice: the highlights on just-food last week

7 Nov 2011

It's financial results season this week, with Kraft and Tate & Lyle performing strongly, while Chiquita and Whole Foods faltered. Diamond Foods' deal to buy Pringles from Procter & Gamble was delayed, prompting consternation among stockholders, and Portuguese retailer Jeronimo Martins announced extensive investments in Latin America. Click on the headlines for more.

US: Unilever deal a "game changer", says B&G Foods CEO

1 Nov 2011

B&G Foods chief executive David Wenner has called the US company's acquisition of four food brands from Unilever a "game changer" that will take their operation to "another level".

US: B&G Foods acquires Unilever brands

31 Oct 2011

US company B&G Foods will acquire four food brands from Unilever in a deal worth US$325m deal.

US: B&G Foods ups EBITDA target

26 Oct 2011

US food maker B&G Foods has upped its target for annual EBITDA after seeing sales and earnings increase in the third quarter of 2011.

US: B&G Foods posts jump in Q2 net income

27 Jul 2011

US food manufacturer B&G Foods today (26 July) reported a jump in net income for the second quarter as the company saw consumption shift to higher-margin products.

US: Ralcorp silent on Post sale rumours

20 May 2011

Ralcorp Holdings has remained silent on reports that it is looking for a buyer for its Post Foods unit as part of attempts to fend off a US$4.9bn takeover approach from ConAgra Foods.

US: B&G ups outlook on strong Q1

27 Apr 2011

US-based food group B&G Foods has booked an almost 7% increase in first-quarter profits thanks to good top and bottom line momentum.

US: B&G Foods hails "remarkable" 2010

2 Mar 2011

US food company B&G Foods has hailed a "remarkable" 12 months for the business after the maple syrup-to-salsa maker posted "record-breaking" results for the fourth quarter.

US: B&G Foods eyes Violet Packing's "competitive strengths"

22 Nov 2010

B&G Foods has bought the Violet Packing tomato business to capitalise on the firm's "competitive strengths", the US food group has told just-food.

US: B&G Foods acquires Sclafani and Don Pepino brands

19 Nov 2010

B&G Foods has acquired the Violet Packing fresh packed tomato products business, including the Sclafani, Don Pepino and Violet brands.

US: B&G Foods increases EBITDA guidance

27 Oct 2010

US food manufacturer B&G Foods has increased its EBITDA target for the full year following strong third-quarter results.

US: B&G Foods, Focus Brands enter licensing agreement

20 Sep 2010

B&G Foods has joined forces with Focus Brands to launch a breakfast cereal for the US market.

US: B&G Foods raises funds

16 Aug 2010

US food group B&G Foods has filed a universal shelf registration statement to sell up to US$600m in stock, warrants and debt securities.

Quote, unquote: just-food's week in words

30 Jul 2010

First-half and quarterly results continued to filter out this week, with CEOs and CFOs attempting to mitigate some less than impressive expected results by looking to "long-term strategies." Here's the pick of what was said:

On the money: B&G Foods eyes acquisition opportunities

28 Jul 2010

US food group B&G Foods said it is prepared and looking for the right acquisition as it recorded an increase in profits for the first half of the year.

US: B&G Foods increases guidance, profits up

28 Jul 2010

US food group B&G Foods has increased its guidance for annual EBITDA after booking an increase in profits for the first half of the year.

US: B&G Foods records “strong” Q1

28 Apr 2010

US food producer B&G Foods has recorded a “strong performance” in the first quarter of 2010, with an increase in net income.

US: B&G earnings up on sales, margins

2 Mar 2010

Higher sales and improved margins helped US food producer B&G Foods book a 15.2% increase in EBITDA during fiscal 2009.

US: B&G closes note offering, completes refinancing

26 Jan 2010

B&G Foods has completed its public offering of US$350m senior notes due 2018, with net proceeds to be used to refinance existing debt.

US: B&G Foods rolls out “fibre-added” preserves

2 Oct 2009

US food group B&G Foods has introduced a range of ‘sugar free’ fruit preserves with added fibre.

US: Cadbury exec takes B&G Foods role

11 Aug 2009

Former Cadbury supply chain executive William Herbes has joined US food maker B&G Foods.

US: B&G Foods amends credit agreement

6 Aug 2009

B&G Foods yesterday (5 August) completed an amendment to its senior secured credit facility.

just the answer - David Wenner, B&G Foods

31 Jul 2009

B&G Foods, the US food group behind brands from Cream of Wheat cereal to Mexican cuisine line Ortega, may not have the scale of some of the giants in the industry but, despite the downturn, is seeing business bubble along nicely. Talking to Michelle Russell, B&G CEO David Wenner even argues that the company's stable of dry grocery brands is thriving in the recession.

INSIGHT: B&G Foods expects “positive” third quarter

29 Jul 2009

US food group B&G Foods said it expects the third quarter to be “very positive”, despite high maple syrup and wheat costs affecting its second-quarter results.

US: B&G Foods declares dividend

7 May 2009

US food group B&G Foods has declared a regular quarterly cash dividend of US$0.17 per share of Class A common stock.




Forgot your password?