Campbell sells Kelsen Group

Proceeds to be used to reduce debt

Campbell Soup logo
Campbell Soup logo

Campbell Soup Company has sold Kelsen Group, at a purchase price of $300 million, to a Ferrero-affiliated company. Denmark-based Kelsen produces quality baked snacks, including the brands Kjeldsens and Royal Dansk.

Special Report: Essential tools for effective sanitation
Today’s food processors are faced with an ongoing labor shortage and pressure to increase production to meet market demands. That means less downtime for cleaning while adhering to strict food safety guidelines. How can a manufacturer overcome these hurdles to stay profitable?
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Special Report: Essential tools for effective sanitation