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Campbell and KKR Sign Definitive Agreement for Sale of Arnott’s and Certain of Campbell’s International Operations for $2.2 Billion

Campbell Sells International Portfolio, Including Kelsen Group, for $2.5 Billion Total Expected Net Proceeds of Approximately $3 Billion from Divestitures of Campbell International and Campbell Fresh Intends to Use All Proceeds to Reduce Debt CAMDEN, N.J.–(BUSINESS WIRE)–Aug. 2, 2019– Campbell Soup Company (NYSE: CPB) announced today that it has signed a definitive agreement for the…

“No One Respects the Land More Than a Farmer”

At Campbell, we believe that real food has roots. Our company has worked closely with local and regional farmers since our earliest days – and in this post, we want you to meet one of them.   For Anthony “Spunky” Massoni, farming roots run deep. His grandfather started a farm in 1907, growing asparagus, then…

Campbell and a Ferrero Affiliated Company Sign Definitive Agreement for Sale of Kelsen Group for $300 Million

CAMDEN, N.J.–(BUSINESS WIRE)–Jul. 12, 2019– Campbell Soup Company (NYSE: CPB) announced today that it has signed a definitive agreement for the sale of Kelsen Group to a Ferrero affiliated company for $300 million, subject to customary purchase price adjustments. Proceeds from the divestiture will allow Campbell to reduce debt. Based in N?rre Snede, Denmark, Kelsen…

Campbell Declares Quarterly Dividend

CAMDEN, N.J.–(BUSINESS WIRE)–Jun. 26, 2019– The Board of Directors of Campbell Soup Company (NYSE:CPB) today declared a regular quarterly dividend on Campbell’s capital stock of $0.35 per share. The quarterly dividend is payable July 29, 2019 to shareholders of record at the close of business July 12, 2019. About Campbell Soup Company Campbell (NYSE:CPB) is…

Campbell Closes Sale of Bolthouse Farms, Completing the Divestiture of Campbell Fresh Division

CAMDEN, N.J.–(BUSINESS WIRE)–Jun. 17, 2019– Campbell Soup Company (NYSE: CPB) announced today it has closed the sale of Bolthouse Farms to an affiliate of Butterfly Equity, a Los Angeles-based private equity firm, for a purchase price of $510 million, subject to customary adjustments. The sale of Bolthouse Farms marks the completion of the divestiture of…

Campbell Appoints Chris Foley President – Meals & Beverages

CAMDEN, N.J.–(BUSINESS WIRE)–Jun. 10, 2019– Campbell Soup Company (NYSE:CPB) appointed Chris Foley as President – Campbell Meals & Beverages and Senior Vice President, Campbell Soup Company. Foley will lead the $4.3 billion division that includes the company’s U.S. soup, simple meals and shelf-stable beverages portfolio, as well as Pacific Foods, North America Food Service, Plum…

Campbell Reports Third-Quarter Results

Net Earnings Per Share (EPS) of $0.28; Adjusted Net EPS of $0.56 Net Sales from Continuing Operations Increased 16 Percent; Total Combined Net Sales of $2.388 Billion; Organic Sales from Continuing Operations Comparable to the Prior Year Campbell Fresh Segment Reported as Discontinued Operations Campbell Updates Fiscal 2019 Guidance to Reflect Improved EPS Outlook and…

Campbell Soup Company Announces the Webcast of Its Investor Day Presentation

CAMDEN, N.J.–(BUSINESS WIRE)–May 30, 2019– Campbell Soup Company (NYSE:CPB) announced that Mark Clouse, President and Chief Executive Officer, along with other members of Campbell’s management team, will discuss Campbell’s strategies and plans at a meeting in Camden on June 13, 2019. The presentations are expected to begin at 12:30 p.m. ET and to end by…

Campbell Again Named to 100 Best Corporate Citizens List

Ranked No. 4 by Corporate Responsibility Magazine CAMDEN, N.J.–(BUSINESS WIRE)–May 15, 2019– Campbell Soup Company (NYSE:CPB) was recognized today 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 1000 companies in the…

Investing in our Campbell Snack Brands

By Chris Foley, Senior Vice President and Chief Marketing Officer, Campbell Snacks   A Campbell Soup Co. employee for nearly 20 years, Chris Foley was named Senior Vice President and Chief Marketing Officer, Campbell Snacks, in March 2018. Chris leads marketing innovation and brand-building across the expanded snacks portfolio encompassing Pepperidge Farm and Snyder’s-Lance. This…

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