date:Apr 18, 2014
hich include Mrs. Dash, Cream of Wheat and Ortega, the company departed from its pattern of purchasing snack brands when it agreed to acquire Specialty Brands of America, Inc. in early April for $155 million. The transaction adds such products as Bear Creek dry soup mixes, New York Flatbreads, and Carys pancake syrup to BGs portfolio.
This business is clearly more typical of the acquisitions we have done in the past than our recent snack acquisitions, Mr. Wenner said. Margins are excellent, wor