Acquiring Company
The Campbell's Company
Acquired Company
Sovos Brands
Description
In 2024, The Campbell's Company completed the acquisition of Sovos Brands, the owner of Rao's Homemade brand. This acquisition is part of Campbell's strategy to enhance its product offerings and drive growth. The Rao's brand has recently achieved over $1 billion in annual net sales, marking a significant milestone for Campbell's portfolio.
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Based on deal dataFrequently asked
Who acquired Sovos Brands?
Sovos Brands was acquired by The Campbell's Company, based in Camden. The deal was reported on August 19, 2026. The Campbell's Company has been connecting people through food they love for 155 years. Headquartered in Camden, N.J. The Campbell's Company is privately held and operates in Manufacturing.
When did The Campbell's Company acquire Sovos Brands?
The Campbell's Company's acquisition of Sovos Brands was reported on August 19, 2026. In 2024, The Campbell's Company completed the acquisition of Sovos Brands, the owner of Rao's Homemade brand. This acquisition is part of Campbell's strategy to enhance its product offerings and drive growth. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Sovos Brands do?
Sovos Brands, Inc. is a consumer-packaged food company focused on acquiring and building disruptive growth brands that bring today’s consumers great tasting food that fits the way they live. It is privately held, operating in Food and Beverage.
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