B&G Foods Acquires Farmwise
On Feb 20, 2020Parsipanny-based B&G Foods, Inc. announced that it has acquired Farmwise LLC, creator of Veggie Fries, Veggie Tots and Veggie Rings.
“We are excited to increase our great tasting, plant-based product offerings with the acquisition of Farmwise,” stated Jordan Greenberg, Executive Vice President and Chief Commercial Officer of B&G Foods. “Dave and Cristina Peters, the founders of Farmwise, have done a tremendous job developing delicious, plant-based products, including Veggie Fries®, Veggie Tots® and Veggie Rings®, that both parents and children love. We look forward to further supporting the Farmwise brand in the natural channel while also introducing items that Farmwise has developed into new, innovative product offerings for our Green Giant brand.”
B&G Foods funded the acquisition with cash on hand. Terms of the transaction were not disclosed.
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