09:28 AM EDT, 10/27/2025 (MT Newswires) -- B&G Foods ( BGS ) said Monday it agreed to sell its Canadian Green Giant and Le Sieur frozen and shelf-stable vegetable businesses to Nortera Foods.

Financial terms were not disclosed.

The company said it expects the deal to close in Q4 2025 or Q1 2026, pending Canadian regulatory approval and other standard conditions.

B&G Foods ( BGS ) said it intends to use the proceeds for general corporate purposes, including debt repayment and asset purchases.

The company said it previously sold the US Green Giant shelf-stable business to Seneca Foods in 2023 and the Le Sueur US shelf-stable line to McCall Farms in 2025.

B&G Foods ( BGS ) said it continues to review options for its US Green Giant frozen line.