Campbell Completes Acquisition of Garden Fresh Gourmet

30 Jun 2015 --- Campbell Soup Company announced it has completed the acquisition of the assets and business of Garden Fresh Gourmet for $231 million. Garden Fresh Gourmet is the No. 1 branded refrigerated salsa in the U.S. and also makes hummus, dips and tortilla chips.

Jeff Dunn, President–Campbell Fresh, said, “The acquisition of Garden Fresh Gourmet provides Campbell with another platform for growth in a key strategic area - the fast-growing perimeter of the grocery store. Garden Fresh Gourmet's on-trend products are the ideal complement to the Bolthouse Farms portfolio in the produce section and will help extend our presence in the deli section. We're excited to take Garden Fresh Gourmet to the next level.”

Garden Fresh Gourmet is part of the Campbell Fresh division, focused on building the company’s scale and accelerating growth in rapidly expanding packaged fresh categories. The division also includes the Bolthouse Farms portfolio and Campbell’s retail refrigerated soups.

Headquartered in Ferndale, Mich. and with approximately 500 employees, Garden Fresh Gourmet generated $100 million in net sales for the year ended Dec. 31, 2014. Garden Fresh Gourmet is led by Todd Putman, General Manager–Garden Fresh, within the Campbell Fresh division.

To contact our editorial team please email us at editorial@cnsmedia.com

RELATED ARTICLES
Homepicture

Beyond Meat eyes European expansion as IPO rumors intensify

23 Oct 2018 Beyond Meat, the highly innovative Californian ...

Homepicture

Niacet buys sodium diacetate business from Jungbunzlauer

23 Oct 2018 Niacet Corp., a leader in organic salts of ...

Homepicture

Peruvian influences: Superfoods, heritage and export success inspire culinary creativity

23 Oct 2018 Increased consumer interest in superfoods from ...

Homepicture

Better Juice reduces sugars and maintains flavor with new enzymatic technology

22 Oct 2018 Better Juice has developed innovative technology ...