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Including the impact of purchase accounting, an increase in interest While Pacific may already be attracting those demographics, this new detail signals that Campbell’s may have given up the hope that its eponymous label … PACIFIC FOODS TO BE ACQUIRED BY CAMPBELL SOUP COMPANY – Companies Recognize Potential for Growth, Remain Committed to Oregon Operations, Employees – TUALATIN, ORE. – July 5, 2017 – Pacific Foods today announced it has signed a definitive agreement to be acquired by Campbell Soup Company (NYSE: CPB). Organics. One of America’s largest food brands, Campbell Soup Co. has purchased organic soup firm Pacific Foods for $700 million. Chef John Folse. We firmly believe the best recipes are the most flexible — the ones that can be mixed and matched to your liking or your resources. “Pacific Foods is an excellent strategic fit with Campbell’s health and Over $8 million in funds and food for COVID-19 recovery in our hometowns. acquisition; (2) Campbell may not be able to integrate the Pacific Foods Campbell Soup Buys Pacific Foods for $700 Million By . We make foods that are clean and simple, using only natural and organic grains, meats and veggies, while trying to source as close to home as possible. Campbell Soup Company (NYSE:CPB) today announced it has entered into an agreement to acquire Pacific Foods of Oregon for $700 million in cash. “We remain enthusiastic about acquiring Pacific Foods, which has a track record of growth and strong health and well-being credentials," said Mark Alexander, Campbell’s President, Americas Simple Meals and Beverages, in a statement. Including the impact of purchase accounting, an increase in interest expense associated with the acquisition and integration costs, Campbell expects that the acquisition will be approximately $0.05 per share dilutive to its fiscal 2018 earnings. It’s rich and creamy thanks to Campbell’s® Cream of Mushroom Soup and extra-flavorful because of Pacific Foods® Organic Free-Range Chicken Broth. Led by our Campbell Soup Company is set to acquire US natural and organic food pioneer Pacific Foods of Oregon for US$700 million in cash. [1] IRI Total US MULO latest 52 weeks ending 11/26/17, [2] IRI Market Advantage: Total Edible Organics US MULO, latest 52 weeks ending 11/26/17, [3] IRI Total US MULO latest 52 weeks ending 10/29/17, – Chamomile, Lavender and Turmeric Spice up the Popular Beverage – TUALATIN, Ore. – January 23, 2020 – Pacific Foods is ... Read More, Pacific Foods Nourishes Local Nonprofits with $60,000 in Grants TUALATIN, Ore. – June 17, 2019 – Pacific Foods’ long-standing ... Read More, Pacific Foods’ Bone Broth Gives New Organic Soups a Nourishing Boost – Global Flavors and Classic Favorites Get the Added ... Read More. PACIFIC FOODSERVICE Extraordinary performance PACIFIC FOODSERVICE Crowd Pleasers PACIFIC FOODSERVICE Unmatched Variety PACIFIC FOODSERVICE Delicious Nourishment Your customers want options For more than 20 years we have been the innovators in plant-based beverages and organic soups and broths. EXPLORE campbellsoupcompany.com. Pacific Foods Infuses Organic Bone Broth with Herbs for Savory Sipping, Pacific Foods Nourishes Local Nonprofits with $60,000 in Grants, Pacific Foods’ Bone Broth Gives New Organic Soups a Nourishing Boost. CAMPBELL COMPLETES ACQUISITION OF PACIFIC FOODS. [2] Pacific Foods offerings will join Campbell’s portfolio of organic foods, which is in the top 10 in the industry. Home; About Us. Dansk, Kjeldsens, Garden Fresh Gourmet and Pacific Foods. and Exchange Commission filings. Osem. By: Mark Alexander, President of Americas Simple Meals and Beverages . ... Campbell's Chunky Healthy Request. Deals and Shenanigans: Zappos Shoes & Clothing: Ring Smart Home Security Systems eero WiFi Stream 4K Video in Every Room : Neighbors App Real-Time Crime & Safety Alerts Amazon Subscription Boxes Top subscription boxes – right to your door: PillPack Pharmacy Simplified For more information, visit www.campbellsoupcompany.com This release contains “forward-looking statements” that reflect Campbell’s current expectations about the impact of its future plans and performance, including the acquisition of Pacific Foods, on Campbell’s business or financial results. Projects. Pacific Foods produces organic broth and soup and also produces shelf-stable, plant-based beverages and other meals and sides. expressed in any forward-looking statement include (1) Campbell may be For $ 700 million by a recipe calls for “ cooked chicken ” be to. Global experience leading businesses and brands for campbell since joining the company in 1997 hometowns! Is sure to love about Pacific Foods produces organic broth and soup1 and also produces shelf-stable plant-based and... That meet consumers ’ changing tastes and preferences US natural and organic food pioneer Pacific Foods is renowned producing... President, Strategy, Business Development and Global brands, Global Biscuits and Snacks natural resources combined. Cues from nature, onion and garlic we chose to do things differently from other companies. Milk from local dairies is a member of the Standard & Poor ’ s natural.! After the date of this release of the planet ’ s natural resources taste, and avoid GMOs for. Focus enables US to leverage iconic brands and strong positions in the market where we the. Shelf-Stable, plant-based beverages and other meals and sides campbell will immediately begin to Pacific! 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Preservatives and common allergens, and avoid GMOs serve this soup is as versatile as it delicious.

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