Italy's Barilla buys Back to Nature from B&G Foods

Dec 19, 2022 651

Italian pasta maker Barilla said on Friday it had entered an agreement to acquire Back to Nature food brand from B&G Foods (BGS.N) to grow in the U.S. bakery market.

"The acquisition of Back to Nature is consistent with Barilla's long-term strategy to build a strong multi-brand bakery platform in the United States", the Italian group said in a statement, without disclosing financial details.

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SOURCE: https://www.reuters.com

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