B&G Foods is splitting its business into four independent units featuring vegetables, meals, spices, seasoning, and frozen businesses. The brand has taken the decision to improve focus and drive growth. The new structure will also push accountability, improve decision-making and deliver growth and financial performance for B&G’s complex portfolio. As the challenges of inflation and supply chain problems continue to weigh on CPG companies, B&G and other companies are restructuring to better evaluate their portfolios and establish what products will be their biggest priority going forward.
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