B&G Foods announced yesterday that it had come to an agreement with Barilla America to hand over the Back to Nature brand.

“Our decision to sell Back to Nature is part of a broader effort at B&G Foods to focus our portfolio on businesses that are core to our long-term strategy as we transition to a business unit structure,” said Casey Keller, President and Chief Executive Officer of B&G Foods.”

It isn’t known at press time what the sale will cost Barilla America, but the transaction is expected to take place sometime within Q1, 2023. B&G plans to use whatever it gains to pay off long standing debt.