- B&G acquires six new brands in $155 million purchase.
- The acquisition should lead to another 6% increase in the dividend.
- Leverage climbs towards 5x.
B&G Foods, Inc manufactures, sells and distributes shelf-stable food and household products. Its products include taco shells, tortillas, refried beans, taco sauces, seasonings, dinner kits, peppers, salsas and related food products.