Exhibit 20.1
FOR IMMEDIATE RELEASE
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B&G FOODS, INC.
Roseland, NJ, March 3, 1998
On February 23, 1998, B&G Foods, Inc. (the "Company") received notice
from International Home Foods, Inc. ("IHF") that (i) IHF would not renew the
Amended and Restated Jams Manufacturing Agreement dated as of March 3, 1997
between Roseland Manufacturing, Inc., a subsidiary of the Company, and IHF after
its expiration on March 31, 1999, and (ii) IHF was terminating, effective March
31, 1999, the Sales and Distribution Agreement dated March 19, 1993 between
Roseland Distribution Company, successor in interest to DSD, Inc. and a
subsidiary of the Company, and X. Xxxxxxx, Inc., a subsidiary of IHF. Although
the Company has received no notice from IHF with respect to the Spices Supply
Agreement, dated as of March 19, 1993 between Xxxxx & Xxxxxxxxxxxx, Inc., a
subsidiary of the Company, and X. Xxxxxxx, Inc., the Company anticipates that
IHF will not renew such Spices Supply Agreement after its expiration on March
31, 1998.
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