Campbell reaps sales benefits from Sovos Brands but Noosa yogurt to go
Campbell Soup Co. has confirmed the Noosa yogurt business, acquired through its recent purchase of Sovos Brands, will be disposed…
Sovos Brands
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It’s the resurgence of the insurgent brands in the US
The last three years of supply chain pressures and price-driven sales growth due to inflation have favoured big CPG brands…
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Why ‘restaurant CPG’ will grow in the US but won’t disrupt the status quo
Restaurants have been selling their products – think Marie Callender’s frozen entrees, White Castle sliders and Rao’s pasta sauce –…
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Big deals – the stand-out food industry transactions of 2023
When assessing the best, or most significant, food-industry deals of the year there are a number of factors to bear…
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Campbell Soup Co. flags Noosa yogurt disposal post Sovos Brands deal
Campbell Soup Co. has indicated the yogurt component of Sovos Brands’ portfolio is likely to be divested post the $2.7bn…
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Campbell Soup Co. to buy US peer Sovos Brands
Campbell Soup Co. has struck a deal to acquire fellow US food manufacturer Sovos Brands. The agreement values Sovos, the…
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Sovos Brands leaning on Rao’s sauces to reach revised sales target
Sovos Brands is banking on increasing household penetration for its Rao’s sauces line to get to this year’s revised sales…
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Sovos Brands double-digit volume gains buck price-led industry declines
Sovos Brands achieved double-digit volume growth last year, bucking price-driven unit declines among many of its US food peers. While…
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Sovos Brands sells Birch Benders to Hometown Food Co.
US food group Sovos Brands has disposed of pancake and waffle mix brand Birch Benders two and a half years…
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Sovos Brands plays into new categories, markets with eyes on M&A
Sovos Brands, the US cooking sauces and frozen meals business largely built on M&A, is eyeing new markets in North…