B&G Foods to acquire Crisco brand from Smucker for US$550 Million

December 1, 2020

On October 27, 2020, B&G Foods, Inc. announced its acquisition of the Crisco oil and shortening business, including manufacturing and warehouse facilities in Cincinnati, U.S. in addition to Crisco-branded products, from J.M. Smucker Co. for approximately US $500 million.

B&G Foods and its subsidiaries manufacture, sell and distribute high-quality, branded shelf-stable and frozen foods across the United States, Canada and Puerto Rico.

Miller Thomson is advising B&G Foods on the transaction with a team led by Max Spearn (Corporate/M&A), and comprising of Manjit Singh, Marie-Hélène Tremblay, and Maxime Chabot (Tax); Veronica Choy (Immigration); and Karen Durell (IP).