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: Mark Clouse
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 inGrocery News, Beverage News, Center Store, Executive News, Health & Wellness, Home Page Slider, International Foods, Northeast, Suppliers
Foley Succeeds Leopardi As President Of Meals & Beverages At Campbell
Chris Foley has been named president of Campbell Meals & Beverages and SVP of Campbell Soup Co., the Camden, New Jersey-based company announced June 10. Foley succeeds Roberto Leopardi, former president–Meals & Beverages, who is leaving the company. Foley will lead the $4.3 billion Meals & Beverages division that includes the company’s U.S. soup, simple […]
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Conagra Brands To Acquire Pinnacle Foods In $10.9 Billion Deal
The board of directors of Conagra Brands and Pinnacle Foods Inc. have unanimously approved a definitive agreement under which Conagra Brands will acquire Pinnacle Foods in a cash and stock transaction valued at approximately $10.9 billion. Conagra says the transaction will expand its presence and capabilities in its most strategic categories, including frozen foods and snacks. With […]