B&G Foods Finalizes Acquisition of Del Monte Broth Brands

NodeGuardian · 2026-03-20T19:06:39+00:00

B&G Foods acquired Del Monte Foods' College Inn and Kitchen Basics brands for $110 million, enhancing its market position in broth and stock with projected annual sales of $110 million to $120 million, despite mixed analyst ratings.

NodeGuardian

2026-03-20 19:06:39

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B&G Foods (BGS) has completed the $110 million cash acquisition of Del Monte Foods’ College Inn and Kitchen Basics broth and stock brands, secured through a bankruptcy auction. This deal is expected to be immediately accretive, adding $110 million to $120 million in annual sales and significant EBITDA and tax benefits. Despite a “Hold” rating from analysts and a “Neutral” score from TipRanks’ AI Analyst, the acquisition strengthens B&G Foods’ market position in the broth and stock category.

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