B&G Foods
American branded foods holding company / From Wikipedia, the free encyclopedia
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B&G Foods, Inc. is an American branded foods holding company based in Parsippany, New Jersey. The company was formed in 1996 to acquire Bloch & Guggenheimer, a Manhattan-based producer of pickles, relish and condiments which had been founded in 1889.
Quick Facts Formerly, Company type ...
Formerly |
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Company type | Public |
Industry | Food |
Predecessor | Bloch & Guggenheimer |
Founded | 1996; 28 years ago (1996) |
Headquarters | , U.S. |
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Revenue | US$1,968 million (2020) |
US$132 million (2020) | |
Total assets | US$3,768 million (2020) |
Total equity | US$831,877 (2020) |
Number of employees | 3,207 (2021) |
Website | bgfoods |
Footnotes / references [1] |
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B&G has been publicly traded since 2007 and its primary growth strategy is to acquire "orphaned" brands, those which no longer fit with their parent company's primary business.[2] The company made 20 acquisitions between 1997 and 2017 and as of 2018[update] held 51 brands[3] mostly frozen and shelf-stable food.