CVC inks Campbell Europe deal
CVC Capital Partners has purchased Campbell Soup Company’s European simple meals business for €400m.
As reported in August, CVC had entered exclusive negotiations with Campbell to acquire its European activities.
The deal sees CVC taking over Campbell's national brands of soups, sauces and simple meals, including Liebig and Royco in France, Erasco in Germany, Blȧ Bland in Sweden and Devos Lemmens and Royco in Belgium.
The deal also includes four production plants, located in Puurs, Belgium; Le Pontet, France; Lubeck, Germany and Karpalund, Sweden.
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