B&G Foods to Sell Pirate's Booty to The Hershey Company for US$420 Million

 
September 12, 2018

Dechert LLP advised B&G Foods, Inc. (NYSE:BGS), a manufacturer, seller and distributor of high-quality, branded shelf-stable and frozen foods across the United States, Canada and Puerto Rico, on the company’s agreement to sell its Pirate Brands business to The Hershey Company for approximately US$420 million. Pirate Brands includes the Pirate’s Booty, Smart Puffs and Original Tings brands. The transaction is expected to close in the fourth quarter of 2018, subject to customary regulatory approvals and other closing conditions.

The Dechert team advising B&G Foods is led by corporate partner Stephen Leitzell and includes corporate partners Sarah Gelb and John LaRocca; antitrust partner James Fishkin; tax partner Edward Lemanowicz; corporate associates Michael Darby and Kenneth Winterbottom; and tax associate George Davis.  

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