05:34 PM EDT, 03/19/2026 (MT Newswires) -- B&G Foods ( BGS ) said late Thursday it closed the acquisition of the broth and stock business of Del Monte Foods Corporation II for $110 million in cash.

The acquisition, which includes College Inn and Kitchen Basics brands, is expected to be immediately accretive to the company's earnings per share, adjusted EBITDA, and free cash flow, the company said.

The company estimates that on an annualized basis, both the brands will generate adjusted EPS of $0.08 to $0.12 on net sales of $110 million to $120 million, according to a statement.