ACH: Jolly Green Giant picks up Durkee, Spice Islands for $365 million

The owner of the Jolly Green Giant is adding spices to its pantry: Oak Brook-based ACH Food Cos. plans to sell its spice business to B&G Foods for $365 million in cash, the companies announced Wednesday.The deal price is subject to a post-closing inventory adjustment.ACH Foods, a subsidiary of...