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Campbell Soup, noosa yogurt
Campbell Soup agrees to sell noosa just months after its acquisition
Campbell Soup Co. got into the yogurt business in March as a small part of a massive acquisition. Now, it's getting out. The Camden food firm has announced plans to sell its noosa yogurt brand to Lakeview Farms LLC of Ohio.
Campbell Soup sells Noosa to fresh foods manufacturer Lakeview Farms
The CPG giant previously said the yogurt offering, which it acquired as part of its $2.7 billion purchase of Sovos Brands, was not core to its business.
Campbell Soup To Sell Noosa Yoghurt Business To Lakeview Farms; Terms Undisclosed
Campbell Soup Co. (CPB) said that it agreed to sell the noosa yoghurt business to Lakeview Farms, LLC, a manufacturer of fresh dips,
Lakeview Farms Expands Into Yogurt Category with Acquisition of noosa yoghurt
Australian-style yogurt products, known for its rich, creamy texture and unique flavors. The transaction includes all noosa yoghurt trademarks and its manufacturing facility in Bellvue, Colorado. Approximately 240 current noosa team members will transition to Lakeview Farms with the business.
Campbell’s to Sell noosa Business to Lakeview Farms
Campbell Soup Company (NASDAQ:CPB) (Campbell’s) today announced an agreement to sell the noosa yoghurt business to Lakeview Farms, LLC, a manufacturer of fresh dips, desserts and specialty products. Terms of the transaction were not disclosed.
Campbell to Divest Its noosa Yogurt Brand to Focus on Core Business
Campbell Soup Company CPB has been optimizing its portfolio by divesting non-core businesses. It announced the divestiture of its noosa yogurt brand to Lakeview Farms. The noosa yogurt brand is an ideal fit for Lakeview Farms,
Campbell to sell Noosa yogurt brand to Lakeview Farms
Campbell acquired Noosa in March this year as part of its purchase of US peer Sovos Brands, a deal first announced last August.
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Campbell Soup Co. Agrees to Sell Noosa to Lakeview Farms
After months of shopping the Noosa brand around,
Campbell
Soup
Co. has found a buyer ...
Campbell
’s CEO Mark Clouse ...
2d
Campbell Soup: Strategic Divestitures Amid Growth Challenges Lead to Sell Rating
Analyst Peter Galbo of Bank of America Securities maintained a Sell rating on Campbell Soup (CPB – Research Report), retaining the price ...
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2d
Amalgamated Bank Decreases Stake in Campbell Soup (NASDAQ:CPB)
Amalgamated Bank reduced its position in
Campbell
Soup
(NASDAQ:CPB – Free Report) by 33.5% in the third quarter, ...
NJBIZ
1d
Campbell Soup divesting Noosa yogurt brand
For
Campbell
’s, it’s the latest portfolio change amid a larger push to grow beyond the 155-year-old
company
’s traditional ...
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