Shelf-stable and frozen foods distributor B&G Foods Inc. said Feb. 19 that it has acquired frozen french fries producer Farmwise LLC to expand its plant-based product offerings.
Financial terms of the deal were not disclosed, but New Jersey-based B&G said it funded the deal with cash on hand.
Farmwise's produces frozen carrot, broccoli, chickpeas, red peppers, Tuscan beans and herbs crispy fries under the brands Veggie Fries, Veggie Tots and Veggie Rings. The Massachusetts-based company was founded in 2013 as Healthy Life Brands LLC. Its backers include Cleveland Avenue LLC, Home Market Foods Inc. and Centerman Capital.