# B&G Foods Sells B&M and Joan of Arc Canned Bean Brands to McCall Farms

- URL: https://stocks.freetheai.org/news/b-g-foods-sells-b-m-and-joan-of-arc-canned-bean-brands-to-mccall-farms-06fe70
- Published: 2026-10-13T20:13:01Z
- Category: company_news; sentiment: neutral; impact: medium
- Symbols: [NYSE:BGS](https://stocks.freetheai.org/symbols/NYSE-BGS)
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B&G Foods, Inc. (BGS) has agreed to sell its B&M baked beans and brown bread brand alongside its Joan of Arc canned beans line to McCall Farms. Financial terms of the transaction were not publicly disclosed.

The divestiture allows B&G Foods to simplify its product portfolio and concentrate resources on its core brands. Net cash proceeds generated from the sale are slated to be used entirely to pay down long-term debt, aimed at reducing financial leverage and improving the balance sheet.

Investors will be watching how efficiently the company completes the transaction and deploys the proceeds toward debt reduction, as well as how this strategic refocus impacts future operating performance and financial leverage.

## Key points

- B&G Foods is selling the B&M and Joan of Arc canned-beans brands to McCall Farms.
- Net proceeds from the transaction will be used to pay off long-term debt and lower leverage.
- The sale is intended to streamline the portfolio and focus resources on core brands.
- Financial terms and purchase details were not disclosed.

## Questions and answers

### Why is B&G Foods selling the B&M and Joan of Arc brands?

B&G Foods is selling the brands to simplify its business portfolio, focus on core brands, and use net proceeds to pay down long-term debt and reduce leverage.

### Who is buying B&M and Joan of Arc from B&G Foods?

McCall Farms is acquiring both the B&M and Joan of Arc product lines.

### What were the financial terms of the B&G Foods brand sale?

Financial terms of the transaction were not disclosed.