0001104659-15-042548.txt : 20150601 0001104659-15-042548.hdr.sgml : 20150601 20150601171300 ACCESSION NUMBER: 0001104659-15-042548 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20150526 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20150601 DATE AS OF CHANGE: 20150601 FILER: COMPANY DATA: COMPANY CONFORMED NAME: B&G Foods, Inc. CENTRAL INDEX KEY: 0001278027 STANDARD INDUSTRIAL CLASSIFICATION: FOOD & KINDRED PRODUCTS [2000] IRS NUMBER: 133918742 STATE OF INCORPORATION: DE FISCAL YEAR END: 1229 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32316 FILM NUMBER: 15904363 BUSINESS ADDRESS: STREET 1: FOUR GATEHALL DRIVE STREET 2: SUITE 110 CITY: PARSIPPANY STATE: NJ ZIP: 07054 BUSINESS PHONE: 9734016500 MAIL ADDRESS: STREET 1: FOUR GATEHALL DRIVE STREET 2: SUITE 110 CITY: PARSIPPANY STATE: NJ ZIP: 07054 FORMER COMPANY: FORMER CONFORMED NAME: B&G FOODS HOLDINGS CORP DATE OF NAME CHANGE: 20040129 8-K 1 a15-13152_18k.htm 8-K

 

As filed with the Securities and Exchange Commission on June 1, 2015

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 


 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of report (Date of earliest event reported):  May 26, 2015

 

B&G Foods, Inc.

(Exact name of Registrant as specified in its charter)

 

Delaware

 

001-32316

 

13-3918742

(State or Other Jurisdiction

 

(Commission

 

(IRS Employer

of Incorporation)

 

File Number)

 

Identification No.)

 

Four Gatehall Drive, Parsippany, New Jersey

 

07054

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code:  (973) 401-6500

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 8.01.  Other Events.

 

On May 26, 2015, B&G Foods entered into a logistics services agreement with DSC Logistics, Inc., a leading logistics and supply chain management company.  Pursuant to the agreement, DSC will, after a transition period, provide all warehousing and distribution management services at B&G Foods’ three primary distribution centers.

 

The initial term of the agreement is five years.  Pursuant to the agreement, the parties will negotiate annual budgets for the warehousing and distribution services.  B&G Foods will reimburse DSC for its actual costs of performing the services on a “cost-plus” basis that includes a management fee to DSC.  The agreement specifies certain key performance indicators by which DSC’s performance will be measured.

 

On May 29, 2015, B&G Foods issued a press release announcing the agreement with DSC.  A copy of the press release is attached to this report as Exhibit 99.1 and is incorporated by reference herein.

 

Item 9.01.  Financial Statements and Exhibits.

 

(d)                                           Exhibits.

 

99.1                        Press Release dated May 29, 2015.

 

2



 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

B&G FOODS, INC.

 

 

 

 

Dated: June 1, 2015

By:

/s/ Scott E. Lerner

 

 

Scott E. Lerner
Executive Vice President,
General Counsel and Secretary

 

3


EX-99.1 2 a15-13152_1ex99d1.htm PRESS RELEASE DATED MAY 29, 2015.

Exhibit 99.1

 

 

B&G Foods Announces Strategic Partnership with DSC Logistics

DSC Logistics to Provide Logistics Services for B&G Foods’ Distribution Centers

 

PARSIPPANY, N.J., May 29, 2015 — B&G Foods, Inc. (NYSE: BGS) announced today that it has entered into a five-year logistics services agreement with DSC Logistics, a leading logistics and supply chain management company.  Pursuant to the agreement, DSC will provide all warehousing and distribution management services at B&G Foods’ three primary distribution centers after the distribution centers are transitioned over the next three to nine months.

 

Robert C. Cantwell, President and Chief Executive Officer of B&G Foods, stated, “We are excited to partner with DSC Logistics.  DSC’s capabilities and experience providing logistics services in the food industry make them an excellent choice to help us improve customer service and ensure that our warehousing and distribution systems are well-equipped to support our acquisition strategy and expected future growth.  In addition, we expect to begin realizing cost benefits from this arrangement during the second half of 2016.”

 

“B&G Foods has awarded DSC Logistics the logistics management of its distribution centers because of DSC’s track record of excellent service, our collaborative approach and B&G Foods’ confidence in our ability to execute,” remarked Ann Drake, Chief Executive Officer of DSC Logistics.  “We look forward to working with B&G Foods, and are committed to helping B&G Foods achieve its business goals and future growth objectives.”

 

About DSC Logistics, Inc.

 

DSC Logistics is a leader in transforming logistics and supply chain management into a critical business strategy based on collaborative partnerships, innovative thinking, and high-performance operations.  DSC achieves the business goals of Fortune 500 and other dynamic companies by designing, integrating, managing and adapting customized supply chain solutions. As a Lead Logistics Partner (LLP) and third-party logistics (3PL) provider, DSC delivers value by reducing total system costs, optimizing business processes, facilitating growth and change, and maximizing the potential of the supply chain. In today’s environment, filled with rapid and unpredictable change, DSC helps customers achieve their goals by being ready for anything! For more information: www.dsclogistics.com.

 

About B&G Foods, Inc.

 

B&G Foods and its subsidiaries manufacture, sell and distribute a diversified portfolio of high-quality, branded shelf-stable foods across the United States, Canada and Puerto Rico. Based in Parsippany, New Jersey, B&G Foods’ products are marketed under many recognized brands, including Ac’cent, B&G, B&M, Baker’s Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary’s, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Emeril’s, Grandma’s Molasses, JJ Flats, Joan of Arc, Las Palmas, MacDonald’s, Maple Grove Farms, Molly McButter, Mrs. Dash, New York Flatbreads, New York Style, Old London, Original Tings, Ortega, Pirate’s Booty, Polaner, Red Devil, Regina, Rickland Orchards, Sa-són, Sclafani, Smart Puffs, Spring Tree, Sugar Twin, Trappey’s, TrueNorth, Underwood, Vermont Maid and Wright’s. B&G Foods also sells and distributes Static Guard, a household product brand.GRAPHIC

 



 

Forward-Looking Statements

 

Statements in this press release that are not statements of historical or current fact constitute “forward-looking statements.” The forward-looking statements contained in this press release include without limitation statements related to B&G Foods’ expectations regarding the timing of the transition of logistics services at the three distribution centers from B&G Foods to DSC, cost benefits and the timing thereof, improved customer service, and the ability of such warehousing and distribution services to support B&G Foods’ acquisition strategy and expected future growth.  Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause the actual results of B&G Foods to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. In addition to statements that explicitly describe such risks and uncertainties readers are urged to consider statements labeled with the terms “believes,” “belief,” “expects,” “projects,” “intends,” “anticipates” or “plans” to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in B&G Foods’ filings with the Securities and Exchange Commission, including under Item 1A, “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and in its subsequent reports, if any, on Forms 10-Q and 8-K.  Investors are cautioned not to place undue reliance on any such forward looking statements, which speak only as of the date they are made.  B&G Foods undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

 

Contacts:

 

Investor Relations:
ICR, Inc.
Don Duffy
866-211-8151

Media Relations:
ICR, Inc.
Matt Lindberg
203-682-8214

 


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