Campbell soup company buys Sovos Brands, maker of Rao’s, for $2.7B
Headline from WISH-TV Indianapolis
Sovos Brands founder and head Todd Lachman called the acquisition a “momentous occasion.”
WISH-TV Indianapolis's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Campbell Soup Company (CPB) has acquired Sovos Brands, Inc. (SOVO)—the parent company of brands such as Rao's pasta sauces, Noosa Yoghurt and Italian frozen food Michael Angelo's—for $2.7 billion
Campbell Soup announced Monday it will buy Sovos Brands for $2.7 billion, or $23 per share. Sovos's portfolio includes Rao's pasta sauce and Michael Angelo's frozen meals.
U.S. packaged food maker Campbell Soup will buy Michael Angelo’s and Rao’s owner Sovos Brands for $2.33 billion in cash, the company said on Monday, beefing up its meals and beverages b…
Campbell Soup Co. announced on Monday that it has entered into an agreement to acquire Sovos Brands, Inc., the parent company behind Rao’s, known for its pasta sauces.
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Campbell soup company buys Sovos Brands, maker of Rao’s, for $2.7B | Since Then
