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KKR devours Tim Tam biscuits maker in $2.2 billion deal with Campbell

KKR & Co said it is buying Campbell Soup Co's Australian snacks unit Arnott's that will give it ownership of top-selling biscuit brands such as Tim Tam, in a deal local media reported was worth $2.2 billion......»»

Category: topSource: reutersJul 24th, 2019

KKR buying Australian Tim Tam cookie maker from Campbell for $2.2 billion

KKR & Co said it is buying Campbell Soup Co's Australian snacks unit Arnott's Biscuits that will give it ownership of top-selling cookie brands such as Tim Tam, in a deal local media reported was worth $2.2 billion......»»

Category: topSource: reutersJul 24th, 2019

Campbell Soup Co. to open large distribution facility near Charlotte

After closing on its $6.1 billion acquisition of Charlotte snack company Snyder's-Lance earlier this year, the food and beverage company will next year open a 525,000-square-foot distribution center in Pineville......»»

Category: topSource: bizjournalsOct 16th, 2018

Campbell Soup to sell Australian snack maker behind Tim Tam in $2.2 billion deal

Campbell Soup Co. announced it plans to sell Australian snack maker Arnott's, best known for its popular treat Tim Tam,.....»»

Category: topSource: usatodayAug 2nd, 2019

Campbell confirms sale of Australian snacks unit Arnott"s to KKR for $2.2 billion

Campbell Soup Co on Friday confirmed that it signed a deal to sell its Australian snacks unit Arnott's and some of its international operations to KKR & Co Inc for $2.2 billion as the U.S. company works on reducing debt......»»

Category: topSource: reutersAug 2nd, 2019

Campbell Soup (CPB) Q3 Earnings Beat Estimates, Sales Improve

Campbell Soup's (CPB) Q3 revenues gain from the Snyder's-Lance buyout. However, softness in the Meals and Beverages unit is.....»»

Category: dealsSource: nytJun 5th, 2019

Loeb pushes for sale of Campbell

Shares of Campbell Soup rose on a report that activist investor Dan Loeb is planning a major shake up at the soup and snacks maker. Fred Katayama reports......»»

Category: videoSource: reutersJul 3rd, 2018

Nutella maker close to buying Campbell Soup segment for $2 billion

Nutella maker Ferrero is spreading its dough over to Campbell Soup Co. The company, known for its hazelnut snack, is interested in buying Campbell's international business for what could be a $2 billion deal. Italian daily Il Sole 24 Ore first bro.....»»

Category: topSource: bizjournalsDec 10th, 2018

Campbell Soup beats earnings estimates, shares rise

Campbell Soup Co on Wednesday reported better-than-expected adjusted earnings, helped by its acquisitions of Snyder's-Lance and Pacific Foods......»»

Category: topSource: reutersFeb 27th, 2019

Campbell Soup (CPB) Q2 Earnings Beat Estimates, Sales Up Y/Y

Campbell Soup's (CPB) Q2 revenues gain from the Snyder's-Lance and Pacific Foods buyouts. However, softness in the base business weighs upon its prof.....»»

Category: personnelSource: nytFeb 27th, 2019

Campbell Soup Co. slashes guidance for 2021 after a year of soup, snacks boom

Campbell Soup Co. is repositioning itself for post-Covid business after a blockbuster year for the soup and snacks manufacturer......»»

Category: topSource: bizjournalsMar 10th, 2021

As Americans hoard food, Campbell Soup speeds up ingredients orders

Campbell Soup said it is ordering more ingredients to ensure it can keep enough soups, sauces and snacks on hand to meet growing demand from retailers as U.S. consumers hoard food in preparation for potential coronavirus quarantines......»»

Category: topSource: reutersMar 4th, 2020

Campbell Soup says integration of snacks "on plan"

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallMar 4th, 2020

Campbell Soup boosts guidance as profit beats forecasts; shares jump

Campbell Soup Co on Wednesday raised its fiscal full-year earnings forecast and posted better-than-expected quarterly profit and sales due to strong demand for soups and snacks, and its shares rose 5% in early trade......»»

Category: topSource: reutersMar 4th, 2020

Campbell Soup feasts on higher sales of Goldfish crackers, Pepperidge Farm cookies

Second-quarter net income of $1.21 billion, or $3.97 a share, compared with a loss of $59 million, or 20 cents a share, a year earlier.....»»

Category: topSource: foxnewsMar 4th, 2020

Kraft Heinz names Campbell executive to head U.S. business

Kraft Heinz Co on Wednesday named Campbell Soup Co executive Carlos Abrams-Rivera president of its U.S. business, the Heinz ketchup maker's latest executive hire as it aims to revitalize its business after a troubling year......»»

Category: topSource: reutersJan 8th, 2020

Kraft Heinz names Campbell exec to head U.S. business

Kraft Heinz Co on Wednesday named Campbell Soup Co executive Carlos Abrams-Rivera as the leader of its U.S. business, the Heinz ketchup maker's latest executive hire as it aims to revitalize its business after a troubling year......»»

Category: topSource: reutersJan 8th, 2020

Campbell Soup says Carlos Abrams-Rivera, President Campbell Snacks leaving

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 7th, 2020

Campbell Soup"s stock swings higher after profit beat expectations, while sales fell short

Shares of Campbell Soup Co. swung to a gain of 1.3% in midday trading Tuesday, after the soups, simple meals and snacks company reported fiscal first-quarter profit that topped expectations, although sales that fell short. The gains r.....»»

Category: topSource: marketwatchDec 4th, 2019

Campbell Soup"s stock falls after profit beat expectations, but sales fell short and outlook lowered

Shares of Campbell Soup Co. fell 1.2% in premarket trading Wednesday, after the soups, simple meals and snacks company reporte.....»»

Category: topSource: marketwatchDec 4th, 2019