Campbell Soup Co. named Valerie Oswalt as EVP and president of Campbell Snacks, effective March 9. Oswalt will lead the division that generated approximately $3.8 billion in net sales in fiscal 2019, supported by the strength of brands such as Goldfish, Milano, Pepperidge Farm, Snyder’s of Hanover, Lance, Kettle Brand, Cape Cod, Snack Factory Pretzel […]
Tag: Campbell Soup Company
Posted inNortheast, Center Store, Executive News, Home Page Slider, Snacks Brands, Suppliers
Campbell Snacks President Abrams-Rivera Leaving Company Feb. 1
Campbell Soup Co. said Jan. 7 that effective Feb. 1, Carlos Abrams-Rivera, president of Campbell Snacks, will leave the company to accept a role at another corporation. Campbell has launched a search for a successor. Abrams-Rivera will continue to lead the Snacks division through the end of the company’s fiscal second quarter. At that time, […]
Posted inSuppliers, Bakery News, Grocery News, Northeast, Specialty
Campbell Divesting Kelsen Group In Deal With Ferrero Affiliate
Campbell Soup Co. has signed a definitive agreement to sell its Kelsen Group business to a Ferrero-affiliated company for $300 million subject to customary purchase price adjustments. Campbell will use the proceeds to reduce debt. Based in Nørre Snede, Denmark, Kelsen is a producer of baked snacks whose primary brands include Kjeldsens and Royal Dansk. […]
Posted inHome Page Slider, Northeast, Suppliers, Sustainability News
Campbell Soup Named To 100 Best Corporate Citizens List
Campbell Soup Co. of Camden, New Jersey, is recognized on the 100 Best Corporate Citizens List by Corporate Responsibility Magazine. This is the 10th consecutive year Campbell has been named to the list. Campbell ranked No. 4 among all large-cap Russell 1,000 companies in the magazine’s annual listing, which is regarded as an authority on […]
Posted inProduce News, Home Page Slider, National, Organic Natural, Perishables, Suppliers
Butterfly Equity Buys Bolthouse Farms from Campbell Soup Company
An affiliate of Butterfly Equity has agreed to purchase Bolthouse Farms from Campbell Soup Co. for $510 million. The agreement is subject to regulatory approvals and is expected to be completed by the end of 2019. Butterfly Equity is a Los Angeles-based private equity firm specializing in the food sector. Bolthouse Farms is Butterfly’s fourth […]