Exhibit 99.2

B&G Foods, Inc. and Subsidiaries

Unaudited Pro Forma Combined Financial Statements

On November 30, 2011, pursuant to an agreement entered into on October 28, 2011, B&G Foods, Inc. and its subsidiaries completed the acquisition of the Mrs. Dash, Molly McButter, Sugar Twin, Baker’s Joy, Static Guard and Kleen Guard brands, from Conopco, Inc. dba Unilever and certain of its affiliates, for approximately $326.0 million in cash, subject to a post-closing inventory adjustment.  We refer to this acquisition as the Culver Specialty Brands acquisition.  In connection with the Culver Specialty Brands acquisition, we entered into a new $575.0 million senior secured credit agreement, which includes a $200.0 million revolving credit facility, $150.0 million of tranche A term loans and $225.0 million of tranche B term loans.  The proceeds of the term loan borrowings, $25.0 million of revolving loans and cash on hand were used to repay all $130.0 million of outstanding borrowings under our prior credit agreement, fund the acquisition purchase price and pay related transaction fees and expenses.

The unaudited pro forma combined balance sheet at October 1, 2011 combines our historical consolidated balance sheet at October 1, 2011 with the statement of assets acquired of Culver Specialty Brands at September 30, 2011, and gives effect to the Culver Specialty Brands acquisition and related financing as if such transactions occurred on October 1, 2011.  The unaudited pro forma combined statements of operations for the three quarters ended October 1, 2011 and the year ended January 1, 2011 combines our historical consolidated statements of operations for the periods then ended with the statements of net revenues and direct expenses of Culver Specialty Brands for the three quarters ended September 30, 2011 and its fiscal year ended September 30, 2010, and gives effect to the Culver Specialty Brands acquisition and related financing as if such transactions occurred on January 3, 2010.

The Culver Specialty Brands acquisition has been accounted for by the acquisition method of accounting.  The pro forma combined financial information sets forth the preliminary allocation of the purchase price for the Culver Specialty Brands acquisition based upon the estimated fair value of the assets acquired at the date of acquisition using available information.  The preliminary purchase price allocation may be adjusted as a result of the finalization of our purchase price allocation procedures.

The unaudited pro forma combined financial information set forth below reflects pro forma adjustments that are based upon available information and certain assumptions that we believe are reasonable.  The unaudited pro forma combined financial information does not purport to represent our results of operations or financial position that would have resulted had the Culver Specialty Brands acquisition and related financing transaction to which pro forma effect is given been consummated as of the dates indicated.  Additionally, the unaudited pro forma combined statements of operations should not be considered indicative of expected future results.  Furthermore, no effect has been given in the unaudited pro forma combined statements of operations for synergistic benefits that may be realized through the combination of B&G Foods and Culver Specialty Brands or the costs that will be incurred in integrating the operations of Culver Specialty Brands.

The unaudited pro forma combined financial statements and accompanying notes should be read in conjunction with the historical financial statements and the notes thereto for B&G Foods that are included in our Annual Report on Form 10-K for the Year Ended January 1, 2011 filed with the Securities and Exchange Commission (SEC) on March 1, 2011, our Quarterly Report on Form 10-Q for the period ended October 1, 2011 filed with the SEC on October 25, 2011, and the historical financial statements of Culver Specialty Brands that are filed as Exhibit 99.1 to our Current Report on Form 8-K/A filed on February 15, 2012.

B&G Foods, Inc. and Subsidiaries

Unaudited Pro Forma Combined Balance Sheet

October 1, 2011

(Dollars in thousands, except per share amounts)

See accompanying notes to unaudited pro forma combined financial statements.

2

B&G Foods, Inc. and Subsidiaries
Unaudited Pro Forma Combined Statement of Operations
Year ended January 1, 2011
(In thousands, except per share data)

See accompanying notes to unaudited pro forma combined financial statements.

3

B&G Foods, Inc. and Subsidiaries
Unaudited Pro Forma Combined Statement of Operations
Three Quarters Ended October 1, 2011
(In thousands, except per share data)

See accompanying notes to unaudited pro forma combined financial statements.

4

B&G Foods, Inc. and Subsidiaries
Notes to Unaudited Pro Forma Combined Financial Statements

Notes to Unaudited Pro Forma Combined Balance Sheet

(1)                                  Represents our historical unaudited consolidated balance sheet as of October 1, 2011.

(2)                                  Represents the historical combined statement of assets acquired of Culver Specialty Brands as of September 30, 2011.

(3)                                  Net change in cash is as follows (dollars in thousands):

Approximately $9.8 million of the $267.0 million of incremental borrowings is due in the next twelve months.

(4)                                  The assumed total purchase price for the Culver Specialty Brands acquisition was approximately $326.0 million. The following table sets forth the preliminary allocation of the Culver Specialty Brands purchase price to the estimated fair value of the net assets acquired at the date of acquisition.  Inventory has been recorded at estimated selling price less costs of disposal and a reasonable profit.  Equipment has been recorded at estimated fair value.  A third party valuation specialist assisted us with our determination of the valuation for the intangible assets acquired (including trademarks and customer relationship intangibles).  The preliminary purchase price allocation may be adjusted as a result of the finalization of our purchase price allocation.  We anticipate completing the purchase price allocation in the second quarter of fiscal 2012.

5

The excess of the purchase price over the fair value of identifiable tangible and intangible assets acquired represents goodwill.  Equipment is depreciated over the estimated remaining useful life of the equipment of 3 years.  Trademarks are deemed to have an indefinite useful life and are not amortized.  Customer relationship intangibles acquired in the Culver Specialty Brands acquisition are amortized over their estimated useful lives of 20 years.

(5)                                  Reflects deferred financing charges incurred in connection with the new senior secured credit agreement we entered into to finance the acquisition and repay all outstanding borrowings under our prior credit agreement.  The deferred financing charges will be amortized over five years for the tranche A term loans and revolving credit facility and seven years for the tranche B term loans.

Notes to Unaudited Pro Forma Combined Statements of Operations

(6)                                  Represents our consolidated results of operations for our fiscal year ended January 1, 2011 and the three quarters ended October 1, 2011.

(7)                                  Represents the historical statements of net revenues and direct expenses for Culver Specialty Brands for its fiscal year ended September 30, 2010 and the three quarters ended September 30, 2011.  The historical statement of net revenues and direct expenses for Culver Specialty Brands for the three quarters ended September 30, 2011 was derived from the historical statement of net revenues and direct expenses for Culver Specialty Brands for its fiscal year ended September 30, 2011 less the first quarter of the fiscal year ended September 30, 2011.

(8)                                  Adjustment to our historical interest expense to reflect our incurrence of an incremental $267.0 million of borrowings, amortization of debt discount and amortization of deferred financing costs relating to such additional borrowings (dollars in thousands):

Interest under the revolving credit facility, including any outstanding letters of credit, and under the tranche A term loan facility, is determined based on alternative rates that we may choose in accordance with the credit agreement, including a base rate per annum plus an applicable margin ranging from 1.50% to 2.00%, and LIBOR plus an applicable margin ranging from 2.50% to

6

3.00%, in each case depending on our consolidated leverage ratio.  Interest under the tranche B term loan facility is determined based on alternative rates that we may choose in accordance with the credit agreement, including a base rate per annum plus an applicable margin of 2.50%, and LIBOR plus an applicable margin of 3.50%, in each case subject to a 1.0% LIBOR floor.  If the LIBOR rate was to increase or decrease by 0.125% from the rates assumed in the table above, pro forma interest expense would change by approximately $0.2 million for the three quarters ended October 1, 2011 and $0.2 million for the fiscal year ended January 1, 2011.

(9)                                  Adjustment to reflect income tax expense on the results of operations of Culver Specialty Brands and the pro forma adjustments for the year ended September 30, 2010 and three quarters ended September 30, 2011 using statutory income tax rates of 36.2% and 36.1% (federal and state), respectively.  Income tax expense was not allocated to Culver Specialty Brands in the pre-acquisition statements of net revenues and direct expenses.

7