Campbell Soup Company, a 155-year-old icon in the food industry, has announced a dramatic rebranding move: dropping “Soup” from its name. The new moniker, “The Campbell’s Company,” reflects a shift in strategy as the company pivots away from its roots as a soup maker to focus more on its growing snacks and beverages portfolio. This […]
Campbell Soup Company (NYSE: CPB) has announced the completion of its acquisition of Sovos Brands, Inc. for $23 per share, an all-cash transaction valued at approximately $2.7 billion. This acquisition marks a significant milestone in Campbell’s history, adding several market-leading and scaled premium brands to its portfolio and promising to accelerate the company’s strategy for […]