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B&G Foods draws on revolver for Growers Express purchase
By Sara Rosenberg
New York, May 5 – B&G Foods Inc. used borrowings under its existing revolving credit facility and cash on hand to fund the acquisition of Growers Express LLC, according to a news release.
B&G Foods is a Parsippany, N.J.-based manufacturer and distributor of shelf-stable and frozen foods. Growers Express is a manufacturer, producer and seller of frozen vegetable products.
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