B&G Foods announced it has sold its Don Pepino and Sclafani brands of pizza and spaghetti sauces, crushed tomatoes, tomato puree, and whole peeled tomatoes to Violet Foods, a newly formed portfolio company of Amphora Equity Partners. The sale included the manufacturing facility in Williamstown, New Jersey. B&G Foods intends to use the net proceeds from the sale for long-term debt repayment. Terms of the transaction were not disclosed.
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