Italian news daily Il Sole 24 Ore broke the news that the Nutella maker is in talks with Campbell Soup Company to buy Campbell’s international business, which includes Arnott’s biscuits and Danish butter cookie maker Kelsen.
A 77% rise in sales across Campbell’s Global Biscuits and Snacks unit lead to the embattled company posting a 25% increase in revenue for its first-quarter.
Only a handful of women lead with world’s largest companies. Fortune 500 lists 20 in the position of CEO – actually, now 18 following the departure of PepsiCo’s Indra Nooyi and Campbell Soup’s Denise Morrison – down from 32 in 2017.
FMCG giants join global pledge to fight plastic pollution; Campbell in fight to avoid split; Mondelēz set to up prices of biscuits in the US; and Grupo Bimbo’s CEO wins CSR award.
More than a quarter of the workers at the Cape Cod Potato Chips facility in Hyannis, Massachusetts, have been laid off following a decision to upgrade old equipment at the site.
Kraft Heinz has allegedly expressed an interest in acquiring Campbell Soup, but analysts believe the Goldfish crackers maker will retain some of its fast-growing businesses, including its recently acquired Snyder’s-Lance.
Campbell Soup CEO, Denise Morrison, has announced her retirement as the company reports a $393m loss on sales of $2.13bn for the quarter ended April 29, compared with a profit a year ago.
Campbell Soup Company has announced several strategic moves to better position itself in a 'rapidly changing food industry landscape' and focus on 'profitable growth.'
Campbell Soup has finalized the purchase of Snyder’s-Lance and created a new snacks division that will combine the operations and brands of the Charlotte-based snacks company and Pepperidge Farm.
Snyder’s-Lance reported a 5.6% increase in the fiscal year, but saw a slump in fourth quarter sales in what could be its last earnings report as a standalone company.
Snyder’s-Lance has initiated a voluntary recall for a limited amount of its glazed walnut products distributed across the US due to the potential presence of undeclared peanuts.
