B&G Foods acquires Rickland Orchards for $57.5m
date:Oct 09, 2013
BG Foods, a US-based manufacturer, seller and distributor of branded shelf-stable foods, has acquired Rickland Orchards from Natural Instincts for about $57.5m, subject to post-closing adjustments.

The deal consideration comprised about $37.4m in cash and nearly $20m in shares of common stock of BG Foods. Natural Instincts will also be entitled to earn-out payments if certain performance goals are achieved.

The acquisition of Rickland Orchards is the fourth acquisition by BG Foods since Octobe
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