CPB - Mergers and acquisitions

Agreement solidifies Campbell's long-term strategic partnership with La Regina and is expected to fuel Rao's Homemade's continued growth The Campbell's Company (NASDAQ:CPB) (Campbell's) today announced it has completed the acquisition of a 49% interest in La Regina di San Marzano di Antonio Romano S.p.A. and La Regina Atlantica, LLC (together, La Regina), the privately held maker of Rao's Homemade tomato-based, jarred pasta sauces. Based in Scafati, Italy, and founded by Antonio Romano in 1972, La Regina has been a key partner of Rao's Homemade since 1993 and produces all Rao's Homemade tomato-based sauces today. La Regina also operates a facility in the U.S. in Alma, Georgia. "Our in

Strengthens and diversifies Campbell's Meals & Beverages portfolio with additional high-growth brands including premium market-leading Rao's sauce, along with Michael Angelo's and noosa Risa Cretella from Sovos Brands to lead new Distinctive Brands unit within Meals & Beverages division Significant long-term shareholder value creation expected through meaningful sales and earnings growth contribution Campbell Soup Company (NYSE:CPB) today announced it has completed the acquisition of Sovos Brands, Inc. ("Sovos Brands") for $23 per share in an all-cash transaction, which represents a total enterprise value of approximately $2.7 billion. "This important milestone in Campbell's his

Premier Healthy Snacking Solutions Provider Expands with Leading National Brand MINNEAPOLIS, May 30, 2023 /PRNewswire/ -- Flagstone Foods ("Flagstone"), one of the largest manufacturers and distributors of private label snack nuts and trail mixes in North America, announced today that it has acquired Emerald Nuts ("Emerald") from Campbell Soup Company (NYSE:CPB), adding one of the leading snack nut brands in the United States to Flagstone's portfolio. Over its almost 20-year history, Emerald has built a reputation for quality and innovation, known for items such as grab-and-go 100 calorie packs and assorted glazed nut products.

FRESNO, Calif. & CAMDEN, N.J.--(BUSINESS WIRE)--Sun-Maid Growers of California today announced it will acquire Plum Organics, a leading premium, organic baby food and kids snacks brand, from Campbell Soup Company (NYSE:CPB). Terms of the transaction were not disclosed. Plum offers a diverse portfolio of organic foods and snacks to meet the nutritional needs of babies, tots and kids. All of Plum’s products are certified organic and non-GMO. “We’re excited to welcome Plum Organics’ nutritious line of baby, toddler and kids’ food products to our imaginative world of delicious, whole fruit snacks. Our purpose is to help mom find better-for-you food options that taste great and kids wi