Parsippany-based B&G Foods Inc. has completed the sale of its Pirate Brands business to Amplify Snack Brands Inc., a subsidiary of The Hershey Co., for $420 million, it announced Thursday.
The sale includes B&G’s Pirate’s Booty line of snacks.
B&G said it plans to use the proceeds from the sale to repay a $500.1 million loan.
