News

Campbell sells Arnott’s

Also licensing parts of Campbell’s International operations

Campbell Soup Company has agreed to sell Arnott’s to global investment firm KKR and is entering into a long-term licensing arrangement with the firm for the exclusive rights to use certain Campbell brands, including Campbell's, Swanson, V8, Prego, Chunky and Campbell’s Real Stock, in Australia, New Zealand, Malaysia and other select markets in Asia, Europe, the Middle East and Africa. The $2.2 billion cash transaction is subject to customary purchase price adjustments.

Companies in this article

Filed in

Joyce's Voice Newsletter

Subscribe now to receive Joyce Fassl’s weekly e-newsletter focusing on the industry’s most pressing manufacturing and operations stories.