B&G Foods to Purchase Maple Grove Farms

B&G Foods, Inc. has agreed to purchase Maple Grove Farms of Vermont, Inc., a privately held company headquartered in St. Johnsbury, VT. Maple Grove Farm sells pure maple syrup and salad dressings under the Maple Grove Farm label and natural foods under the Up Country Naturals label. The company also manufactures private label maple syrup products.

B&G intends to incorporate the Maple Grove Farm products into its national distribution system and utilize Maple Grove Farm's extensive network of specialty distributors to increase sales of existing B&G products. The company intends to operate the St. Johnsbury facility and to maintain the Maple Grove Farm sales force to service the expanded distribution of the combined companies' products.

B&G Foods, headquartered in Roseland, NJ, manufactures and sells B&G brand pickles, peppers and specialty items, Trappey peppers, Vermont Maid syrup, Regina wine vinegar, Brer Rabbit molasses, and Red Devil hot sauces. The company produces similar products for private label and food service customers. It also manufactures and sells bagel chips and baked snacks under the Burns & Ricker and New York Style labels.

For more information: Robert Cantwell, B&G Foods. Tel: 973-228-2500.