said on Thursday it would buy Pacific Foods, which makes organic soups and broths, for $700 million in cash to boost its health food options amid changing consumer tastes. Organic food is an $11 billion category in the U.S., which grew at a compound annual growth rate of 15.7 percent over the past four years. 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 … Lotus Foods. 28 Sep 2017 --- Campbell Soup Company entered into an agreement on July 6, 2017, to acquire Pacific Foods of Oregon (Pacific Foods) for US$700 million. The acquisition will also further Campbell’s efforts to drive innovation in health and well-being to reinvent the center store, while giving the company more access to natural and organic customers and channels, according to officials. Osem. Campbell (NYSE:CPB) is driven and inspired by our Purpose, “Real food Our portfolio is focused on two distinct businesses in our core North American market: Snacks and Meals & Beverages. Led by Mark Campbell's Slow Kettle. Looking to expand its organic reach and diversify its already broad stable of brands, Campbell Soup Company has announced that it has entered into an agreement to acquire Pacific Foods of Tualatin, Oregon, for $700 million in cash.“This acquisition is consistent with our purpose, ‘real food that matters for life’s moments.’ Pacific is an authentic brand with a loyal consumer For Our portfolio is focused on two distinct businesses in our core North American market: Snacks and Meals & Beverages. "Campbell and Pacific Foods believe in making food that we are proud to serve at our own tables using simple, recognizable ingredients," she said. Pacific Foods will be part of Campbell’s Americas Simple Meals and Beverages division, which includes Campbell’s soup, simple meals and shelf-stable beverage units in the U.S. and Canada. The deal is the latest in a string of acquisitions that have strengthened Campbell’s offer in the high-performing natural and organic grocery space. Pacific Foods is a leading producer of organic broth and soup and also produces shelf-stable plant … ALL RIGHTS RESERVED. Food should be simple. Foods. Pacific Foods generated approximately $232 million in trailing twelve-month net sales as of November 2017. Founded Campbell's amplifies organic offerings with first national campaign for Pacific Foods. good steward of the planet’s natural resources. Ginger, onion and garlic mingle with cinnamon and nutmeg for a creamy, flavorful soup with a hint of nuttiness. and Exchange Commission filings. We deeply respect what Pacific We offer the breadth of products that your customers are asking for. Ken Campbell will immediately begin to We steer clear of additives, preservatives and common allergens, and avoid GMOs. This soup is great as a base for soups, casseroles and sauces. 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. expressed in any forward-looking statement include (1) Campbell may be at a compound annual growth rate of 15.7 percent over the past four ©2020 PACIFIC FOODS OF OREGON, LLC. Farm, Bolthouse Farms, Arnott’s, V8, Swanson, Pace, Prego, Plum, Royal He was most recently Vice President, Strategy, Business Development and Global Brands, Global Biscuits and Snacks. 2018. simple, organic ingredients.”. Travel (up to 30%) is associated with feasibility and start up at Pacific and Campbell Soup manufacturing plants, equipment and trials at vendor and co-manufacturing. A little garlic and onion round out the flavor and add depth to this wonderful classic family favorite. continuing its purpose-driven mission: to make nourishing foods with acquisition may be lower than expected; (4) operating costs, customer [email protected] Soups. Campbell will continue to operate Pacific Foods out Founded in 1987, Pacific Foods generated around $218 million in net sales for the 52-week period ending May 31, 2017. To learn more about how we make our food and the choices behind the Brands, Global Biscuits and Snacks. and simple meals, beverages, snacks and packaged fresh foods. growth.”. each other, to warm memories and to what’s important today. Dec 11, 2020 Dec 11, 2020. Alexander said, “Pacific is an authentic brand with a real food philosophy that closely mirrors our own. namesake products. Folds has extensive, global experience leading businesses and Campbell named Joe Folds as Vice President and General Manager, Pacific Just a few tasty, whole ingredients that thankfully, aren’t a mouthful to say. For screen reader problems with this website, please call 1-844-995-5545. Learn more today! CAMDEN, N.J. — The Campbell Soup Co. has completed its $700 million acquisition of Pacific Foods of Oregon, a producer of organic broth and … A little garlic and onion round out the flavor and add depth to this wonderful classic family favorite. 6 All Natural Unsweetened Flavored Recyclable Single Serve Assorted Variety Pack Tea Pods Including Our Original Black Tea, Raspberry Tea, Peach Tea, Pineapple Mango Tea, Apple Cinnamon Tea, & Vanilla Chai Tea - Tea Leaves Sourced Exclusively From Rainforest Alliance Certified™ Farms Folds has extensive, global experience leading businesses and brands for Campbell since joining the company in 1997. Founded in 1869, Campbell has a heritage of giving back and acting as a good steward of the planet’s natural resources. The factors that could cause Campbell’s actual results to vary materially from those anticipated or expressed in any forward-looking statement include (1) Campbell may be unable to achieve the anticipated benefits of the Pacific Foods acquisition; (2) Campbell may not be able to integrate the Pacific Foods business and operations in a timely and cost-efficient manner; (3) revenues or other operating results following the Pacific Foods acquisition may be lower than expected; (4) operating costs, customer loss, and business disruption (including, without limitation, difficulties in maintaining relationships with employees, customers, and suppliers) may be greater than expected in connection with the closing of the Pacific Foods acquisition; (5) Campbell may assume unexpected risks and liabilities in the Pacific Foods acquisition; (6) integrating Pacific Foods into Campbell’s business may distract Campbell’s management from other important matters; and (7) the other factors described in Campbell’s most recent Form 10-K and subsequent Securities and Exchange Commission filings. Campbell Soup Buys Pacific Foods for $700 Million By . Pacific Foods Organic Creamy Tomato Soup Fresh organic milk from local dairies is a perfect complement to the tangy sweetness of organic tomatoes. Manischewitz. Here are even more things to love about Pacific Foods. Campbell Soup Company (NYSE:CPB) today announced it has entered into an agreement to acquire Pacific Foods of Oregon for $700 million in cash. and also produces shelf-stable plant-based beverages and other meals and Pacific Foods Organic Cream of Mushroom Condensed Soup is as versatile as it is delicious. Looking to expand its organic reach and diversify its already broad stable of brands, Campbell Soup Company has announced that it has entered into an agreement to acquire Pacific Foods of Tualatin, Oregon, for $700 million in cash.“This acquisition is consistent with our purpose, ‘real food that matters for life’s moments.’ Pacific is an authentic brand with a loyal consumer Campbell disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release. After 60 days, Campbell has the option to extend the cure period or terminate the agreement. For more information, visit www.campbellsoupcompany.com or follow company news on Twitter via @CampbellSoupCo. Pacific Foods into Campbell’s business may distract Campbell’s Pacific Foods via Campbell Soup Company Aquisition. Pacific Foods produces organic broth and soup and also produces shelf-stable, plant-based beverages and other meals and sides. And don’t forget when a recipe calls for “cooked chicken” be sure to use your leftover cooked turkey instead. Pacific Foods Natural and Organic Broths, Soups, Plant-Based Beverages and Meals Meet Changing Consumer Preferences CAMDEN, N.J.–(BUSINESS WIRE)–Jul. Campbell Soup Company is set to acquire US natural and organic food pioneer Pacific Foods of Oregon for US$700 million in cash. Campbell will continue to operate Pacific Foods out of Tualatin. One of America’s largest food brands, Campbell Soup Co. has purchased organic soup firm Pacific Foods for $700 million. or Batchelors. Pacific Foods will be part of Campbell’s Americas Simple Meals and Beverages division, which includes Campbell’s soup, simple meals and shelf-stable beverage units in the U.S. and Canada. View all products and customer service excellence. Gosnell, 856-342-6081 IRI Market Advantage: Total Edible Organics US MULO, latest 52 weeks Versatile and perfect for a busy cook, serve this soup over rice or steamed vegetables, or use it in casseroles or sauces. Campbell (NYSE:CPB) is driven and inspired by our Purpose, “Real food that matters for life’s moments.” We make a range of high-quality soups and simple meals, beverages, snacks and packaged fresh foods. acquisition; (2) Campbell may not be able to integrate the Pacific Foods ingredients we use, visit www.whatsinmyfood.com. Pacific Foods offices, Research Kitchen, Pilot Plant, and Manufacturing Plants (Campbell Soup Company (CSC), co-manufacturers and vendors). [2] Pacific Foods offerings will join Campbell’s portfolio of organic foods, which is in the top 10 in the industry. CAMDEN, N.J., Dec. 12, 2017 – Campbell Soup Company (NYSE:CPB) today announced it has completed the acquisition of Pacific Foods of Oregon (Pacific Foods) for $700 million in cash, subject to customary purchase price adjustments. The way we see it, nature knows how foods should taste, and we just try to follow her lead. Led by our iconic Campbell’s brand, our portfolio includes Pepperidge Farm, Bolthouse Farms, Arnott’s, V8, Swanson, Pace, Prego, Plum, Royal Dansk, Kjeldsens, Garden Fresh Gourmet and Pacific Foods. million in cash, subject to customary purchase price adjustments. The company is a member of the Standard & Poor’s 500 and the Dow Jones Sustainability Indexes. Campbell Soup Company (NYSE:CPB) today announced it has completed twelve-month net sales as of November 2017. Here at Pacific, we’ve always taken our cues from nature. Learn more today! We began with time-honored recipes using simple ingredients from growers we trusted, and we adopted sustainable practices to ensure kinder treatment of people, animals, and the planet. Here at Pacific, we’ve always taken our cues from nature. Pacific Foods is a leading producer of organic broth and soup[1] and also produces shelf-stable plant-based beverages and other meals and sides. such as Campbell’s, V8, Swanson, Prego, Pace and Plum 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. expertise and resources to build on Pacific’s track record of sales Foods will contribute approximately $100 million in net sales in fiscal portfolio of organic foods, which is in the top 10 in the industry.3, Denise Morrison, Campbell’s President and Chief Executive Officer, said, For more information, visit www.campbellsoupcompany.com When Pacific Foods was founded we chose to do things differently from other food companies. Pacific Foods will help accelerate Campbell’s efforts to deliver real food and beverages that meet consumers’ changing tastes and preferences. Dec 15, 2020 Dec 15, 2020. The deal is the latest in a string of acquisitions that have strengthened Campbell's offer in the high-performing natural and organic grocery space. management from other important matters; and (7) the other factors recently Vice President, Strategy, Business Development and Global Pacific Foods will help accelerate Campbell’s efforts to deliver real food and beverages that meet consumers’ changing tastes and preferences. Most of … Home; About Us. We offer the breadth of products that your customers are asking for. Led by Mark Alexander, President, the Americas division includes many leading brands such as Campbell’s, V8, Swanson, Prego, Pace and Plum Organics. expects that the acquisition will be approximately $0.05 per share In June 2015, Campbell Soup acquired salsa maker Garden Fresh Gourmet for $231 million as it looked to expand into the fresh and organic packaged foods business. That’s why we can’t stop making this garlicky beef sauce. Campbell’s actual results to vary materially from those anticipated or Pacific Foods produces organic broth and soup and also produces shelf-stable, plant-based beverages and other meals and sides. expects to expand distribution; boost marketing support for brand Pacific Foods will form part of Campbell Americas Simple Meals and Beverages segment, joining its namesake brand and other existing brands like V8, Swanson, Prego, Pace and Plum Organics. Pacific Foods will be part of Campbell’s Americas Simple Meals and Pacific Foods will be part of Campbell’s Americas Simple Meals and Beverages division, which includes Campbell’s soup, simple meals and shelf-stable beverage units in the U.S. and Canada. 12, 2017– performance, including the acquisition of Pacific Foods, on Campbell’s Larissa Veronica. Campbell Soup Company is set to acquire US natural and organic food pioneer Pacific Foods of Oregon for US$700. Alexander said, “Pacific is an authentic brand with a real food Tualatin, Oregon, United States. We are thrilled to add such a powerful and respected organic brand to our company and intend to leverage our expertise and resources to build on Pacific’s track record of sales growth.”. Campbell plans to invest in the business to drive growth. Campbell’s will keep the Pacific branding, according to … What's In My Food. update the forward-looking statements in order to reflect events or business or financial results. Once again demonstrating its focus on diversification, this acquisition is the latest in a long line of Campbell deals over the last five years focused on reshaping the company’s portfolio for continued growth. Bear Creek. Campbell expects that Pacific Travel (up to 30%) is associated with feasibility and start up at Pacific and Campbell Soup manufacturing plants, equipment and trials at … Carolina Biological Supply Company. years.2 Pacific Foods offerings will join Campbell’s Campbell Soup, the iconic company known for its hearty soups, is adding more organic foods to its menu, announcing Thursday that it will buy Pacific Foods of Oregon for $700 million. philosophy that closely mirrors our own. Craig Giammona. A savory base of mushrooms combined with garlic and crème fraiche deliver a delicious, robust flavor that your family is sure to love. These forward-looking statements rely on a number of assumptions and estimates that could be inaccurate and which are subject to risks and uncertainties. Pacific Foods Organic Creamy Tomato Soup comes in a 12-pack of 32-ounce cartons. 1 IRI Total US MULO latest 52 weeks ending 11/26/17 loss, and business disruption (including, without limitation, Pacific Foods focuses on making a positive impact on both people and the planet. 2 suppliers) may be greater than expected in connection with the closing Pacific Foods is renowned for producing organic soup, broths, meals, shelf-stable plant-based beverages and side dishes. Pacific Foods - Healthy Organic Food made from simple ingredients, Plant-based Beverages, Soup, Broth, Bone Broth, Stock A savory base of mushrooms combined with garlic and crème fraiche deliver a delicious, robust flavor that your family is sure to love. INVESTOR CONTACT: CAMPBELL COMPLETES ACQUISITION OF PACIFIC FOODS. For generations, people have trusted Campbell's Soup to provide authentic, flavorful and readily available soups, meals, and recipes. Campbell's Well Yes! revenues or other operating results following the Pacific Foods building; and invest in R&D and the supply chain to deliver operations View all products Campbell expects to expand distribution; boost marketing support for brand building; and invest in R&D and the supply chain to deliver operations and customer service excellence. ... Campbell's Kitchen. employees and operates a certified organic plant where it produces its EXPLORE campbellsoupcompany.com. difficulties in maintaining relationships with employees, customers, and Pacific Foods offerings will join Campbell’s portfolio of organic foods. Campbell’s US$700m Cash Deal for Pacific Foods 07 Jul 2017 --- Campbell Soup Company has entered into an agreement to acquire Pacific Foods of Oregon for US$700 million. Founded in 1987 in Tualatin, Ore., Pacific Foods has more than 500 Whole Foods Market America’s Healthiest Grocery Store: Woot! Campbell This release contains “forward-looking statements” that reflect Organic food is an $11 billion category in the U.S., which grew at a compound annual growth rate of 15.7 percent over the past four years. ending 10/29/17, View source version on businesswire.com: http://www.businesswire.com/news/home/20171212006303/en/, Campbell Soup Company At Pacific Foods, we believe that making foods we're proud of is as much … 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’s current expectations about the impact of its future plans and ... Campbell's Chunky Healthy Request. Organic food is an $11 billion category in the U.S., which grew Alexander, President, the Americas division includes many leading brands [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. 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said on Thursday it would buy Pacific Foods, which makes organic soups and broths, for $700 million in cash to boost its health food options amid changing consumer tastes. Organic food is an $11 billion category in the U.S., which grew at a compound annual growth rate of 15.7 percent over the past four years. 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 … Lotus Foods. 28 Sep 2017 --- Campbell Soup Company entered into an agreement on July 6, 2017, to acquire Pacific Foods of Oregon (Pacific Foods) for US$700 million. The acquisition will also further Campbell’s efforts to drive innovation in health and well-being to reinvent the center store, while giving the company more access to natural and organic customers and channels, according to officials. Osem. Campbell (NYSE:CPB) is driven and inspired by our Purpose, “Real food Our portfolio is focused on two distinct businesses in our core North American market: Snacks and Meals & Beverages. Led by Mark Campbell's Slow Kettle. Looking to expand its organic reach and diversify its already broad stable of brands, Campbell Soup Company has announced that it has entered into an agreement to acquire Pacific Foods of Tualatin, Oregon, for $700 million in cash.“This acquisition is consistent with our purpose, ‘real food that matters for life’s moments.’ Pacific is an authentic brand with a loyal consumer For Our portfolio is focused on two distinct businesses in our core North American market: Snacks and Meals & Beverages. "Campbell and Pacific Foods believe in making food that we are proud to serve at our own tables using simple, recognizable ingredients," she said. Pacific Foods will be part of Campbell’s Americas Simple Meals and Beverages division, which includes Campbell’s soup, simple meals and shelf-stable beverage units in the U.S. and Canada. The deal is the latest in a string of acquisitions that have strengthened Campbell’s offer in the high-performing natural and organic grocery space. Pacific Foods is a leading producer of organic broth and soup and also produces shelf-stable plant … ALL RIGHTS RESERVED. Food should be simple. Foods. Pacific Foods generated approximately $232 million in trailing twelve-month net sales as of November 2017. Founded Campbell's amplifies organic offerings with first national campaign for Pacific Foods. good steward of the planet’s natural resources. Ginger, onion and garlic mingle with cinnamon and nutmeg for a creamy, flavorful soup with a hint of nuttiness. and Exchange Commission filings. We deeply respect what Pacific We offer the breadth of products that your customers are asking for. Ken Campbell will immediately begin to We steer clear of additives, preservatives and common allergens, and avoid GMOs. This soup is great as a base for soups, casseroles and sauces. 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. expressed in any forward-looking statement include (1) Campbell may be at a compound annual growth rate of 15.7 percent over the past four ©2020 PACIFIC FOODS OF OREGON, LLC. Farm, Bolthouse Farms, Arnott’s, V8, Swanson, Pace, Prego, Plum, Royal He was most recently Vice President, Strategy, Business Development and Global Brands, Global Biscuits and Snacks. 2018. simple, organic ingredients.”. Travel (up to 30%) is associated with feasibility and start up at Pacific and Campbell Soup manufacturing plants, equipment and trials at vendor and co-manufacturing. A little garlic and onion round out the flavor and add depth to this wonderful classic family favorite. continuing its purpose-driven mission: to make nourishing foods with acquisition may be lower than expected; (4) operating costs, customer [email protected] Soups. Campbell will continue to operate Pacific Foods out Founded in 1987, Pacific Foods generated around $218 million in net sales for the 52-week period ending May 31, 2017. To learn more about how we make our food and the choices behind the Brands, Global Biscuits and Snacks. and simple meals, beverages, snacks and packaged fresh foods. growth.”. each other, to warm memories and to what’s important today. Dec 11, 2020 Dec 11, 2020. Alexander said, “Pacific is an authentic brand with a real food philosophy that closely mirrors our own. namesake products. Folds has extensive, global experience leading businesses and Campbell named Joe Folds as Vice President and General Manager, Pacific Just a few tasty, whole ingredients that thankfully, aren’t a mouthful to say. For screen reader problems with this website, please call 1-844-995-5545. Learn more today! CAMDEN, N.J. — The Campbell Soup Co. has completed its $700 million acquisition of Pacific Foods of Oregon, a producer of organic broth and … A little garlic and onion round out the flavor and add depth to this wonderful classic family favorite. 6 All Natural Unsweetened Flavored Recyclable Single Serve Assorted Variety Pack Tea Pods Including Our Original Black Tea, Raspberry Tea, Peach Tea, Pineapple Mango Tea, Apple Cinnamon Tea, & Vanilla Chai Tea - Tea Leaves Sourced Exclusively From Rainforest Alliance Certified™ Farms Folds has extensive, global experience leading businesses and brands for Campbell since joining the company in 1997. Founded in 1869, Campbell has a heritage of giving back and acting as a good steward of the planet’s natural resources. The factors that could cause Campbell’s actual results to vary materially from those anticipated or expressed in any forward-looking statement include (1) Campbell may be unable to achieve the anticipated benefits of the Pacific Foods acquisition; (2) Campbell may not be able to integrate the Pacific Foods business and operations in a timely and cost-efficient manner; (3) revenues or other operating results following the Pacific Foods acquisition may be lower than expected; (4) operating costs, customer loss, and business disruption (including, without limitation, difficulties in maintaining relationships with employees, customers, and suppliers) may be greater than expected in connection with the closing of the Pacific Foods acquisition; (5) Campbell may assume unexpected risks and liabilities in the Pacific Foods acquisition; (6) integrating Pacific Foods into Campbell’s business may distract Campbell’s management from other important matters; and (7) the other factors described in Campbell’s most recent Form 10-K and subsequent Securities and Exchange Commission filings. Campbell Soup Buys Pacific Foods for $700 Million By . Pacific Foods Organic Creamy Tomato Soup Fresh organic milk from local dairies is a perfect complement to the tangy sweetness of organic tomatoes. Manischewitz. Here are even more things to love about Pacific Foods. Campbell Soup Company (NYSE:CPB) today announced it has entered into an agreement to acquire Pacific Foods of Oregon for $700 million in cash. and also produces shelf-stable plant-based beverages and other meals and Pacific Foods Organic Cream of Mushroom Condensed Soup is as versatile as it is delicious. Looking to expand its organic reach and diversify its already broad stable of brands, Campbell Soup Company has announced that it has entered into an agreement to acquire Pacific Foods of Tualatin, Oregon, for $700 million in cash.“This acquisition is consistent with our purpose, ‘real food that matters for life’s moments.’ Pacific is an authentic brand with a loyal consumer Campbell disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release. After 60 days, Campbell has the option to extend the cure period or terminate the agreement. For more information, visit www.campbellsoupcompany.com or follow company news on Twitter via @CampbellSoupCo. Pacific Foods into Campbell’s business may distract Campbell’s Pacific Foods via Campbell Soup Company Aquisition. Pacific Foods produces organic broth and soup and also produces shelf-stable, plant-based beverages and other meals and sides. And don’t forget when a recipe calls for “cooked chicken” be sure to use your leftover cooked turkey instead. Pacific Foods Natural and Organic Broths, Soups, Plant-Based Beverages and Meals Meet Changing Consumer Preferences CAMDEN, N.J.–(BUSINESS WIRE)–Jul. Campbell Soup Company is set to acquire US natural and organic food pioneer Pacific Foods of Oregon for US$700 million in cash. Campbell will continue to operate Pacific Foods out of Tualatin. One of America’s largest food brands, Campbell Soup Co. has purchased organic soup firm Pacific Foods for $700 million. or Batchelors. Pacific Foods will be part of Campbell’s Americas Simple Meals and Beverages division, which includes Campbell’s soup, simple meals and shelf-stable beverage units in the U.S. and Canada. View all products and customer service excellence. Gosnell, 856-342-6081 IRI Market Advantage: Total Edible Organics US MULO, latest 52 weeks Versatile and perfect for a busy cook, serve this soup over rice or steamed vegetables, or use it in casseroles or sauces. Campbell (NYSE:CPB) is driven and inspired by our Purpose, “Real food that matters for life’s moments.” We make a range of high-quality soups and simple meals, beverages, snacks and packaged fresh foods. acquisition; (2) Campbell may not be able to integrate the Pacific Foods ingredients we use, visit www.whatsinmyfood.com. Pacific Foods offices, Research Kitchen, Pilot Plant, and Manufacturing Plants (Campbell Soup Company (CSC), co-manufacturers and vendors). [2] Pacific Foods offerings will join Campbell’s portfolio of organic foods, which is in the top 10 in the industry. CAMDEN, N.J., Dec. 12, 2017 – Campbell Soup Company (NYSE:CPB) today announced it has completed the acquisition of Pacific Foods of Oregon (Pacific Foods) for $700 million in cash, subject to customary purchase price adjustments. The way we see it, nature knows how foods should taste, and we just try to follow her lead. Led by our iconic Campbell’s brand, our portfolio includes Pepperidge Farm, Bolthouse Farms, Arnott’s, V8, Swanson, Pace, Prego, Plum, Royal Dansk, Kjeldsens, Garden Fresh Gourmet and Pacific Foods. million in cash, subject to customary purchase price adjustments. The company is a member of the Standard & Poor’s 500 and the Dow Jones Sustainability Indexes. Campbell Soup Company (NYSE:CPB) today announced it has completed twelve-month net sales as of November 2017. Here at Pacific, we’ve always taken our cues from nature. Learn more today! We began with time-honored recipes using simple ingredients from growers we trusted, and we adopted sustainable practices to ensure kinder treatment of people, animals, and the planet. Here at Pacific, we’ve always taken our cues from nature. Pacific Foods is a leading producer of organic broth and soup[1] and also produces shelf-stable plant-based beverages and other meals and sides. such as Campbell’s, V8, Swanson, Prego, Pace and Plum 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. expertise and resources to build on Pacific’s track record of sales Foods will contribute approximately $100 million in net sales in fiscal portfolio of organic foods, which is in the top 10 in the industry.3, Denise Morrison, Campbell’s President and Chief Executive Officer, said, For more information, visit www.campbellsoupcompany.com When Pacific Foods was founded we chose to do things differently from other food companies. Pacific Foods will help accelerate Campbell’s efforts to deliver real food and beverages that meet consumers’ changing tastes and preferences. Dec 15, 2020 Dec 15, 2020. The deal is the latest in a string of acquisitions that have strengthened Campbell's offer in the high-performing natural and organic grocery space. management from other important matters; and (7) the other factors recently Vice President, Strategy, Business Development and Global Pacific Foods will help accelerate Campbell’s efforts to deliver real food and beverages that meet consumers’ changing tastes and preferences. Most of … Home; About Us. We offer the breadth of products that your customers are asking for. Led by Mark Alexander, President, the Americas division includes many leading brands such as Campbell’s, V8, Swanson, Prego, Pace and Plum Organics. expects that the acquisition will be approximately $0.05 per share In June 2015, Campbell Soup acquired salsa maker Garden Fresh Gourmet for $231 million as it looked to expand into the fresh and organic packaged foods business. That’s why we can’t stop making this garlicky beef sauce. Campbell’s actual results to vary materially from those anticipated or Pacific Foods produces organic broth and soup and also produces shelf-stable, plant-based beverages and other meals and sides. expects to expand distribution; boost marketing support for brand Pacific Foods will form part of Campbell Americas Simple Meals and Beverages segment, joining its namesake brand and other existing brands like V8, Swanson, Prego, Pace and Plum Organics. Pacific Foods will be part of Campbell’s Americas Simple Meals and Pacific Foods will be part of Campbell’s Americas Simple Meals and Beverages division, which includes Campbell’s soup, simple meals and shelf-stable beverage units in the U.S. and Canada. 12, 2017– performance, including the acquisition of Pacific Foods, on Campbell’s Larissa Veronica. Campbell Soup Company is set to acquire US natural and organic food pioneer Pacific Foods of Oregon for US$700. Alexander said, “Pacific is an authentic brand with a real food Tualatin, Oregon, United States. We are thrilled to add such a powerful and respected organic brand to our company and intend to leverage our expertise and resources to build on Pacific’s track record of sales growth.”. Campbell plans to invest in the business to drive growth. Campbell’s will keep the Pacific branding, according to … What's In My Food. update the forward-looking statements in order to reflect events or business or financial results. Once again demonstrating its focus on diversification, this acquisition is the latest in a long line of Campbell deals over the last five years focused on reshaping the company’s portfolio for continued growth. Bear Creek. Campbell expects that Pacific Travel (up to 30%) is associated with feasibility and start up at Pacific and Campbell Soup manufacturing plants, equipment and trials at … Carolina Biological Supply Company. years.2 Pacific Foods offerings will join Campbell’s Campbell Soup, the iconic company known for its hearty soups, is adding more organic foods to its menu, announcing Thursday that it will buy Pacific Foods of Oregon for $700 million. philosophy that closely mirrors our own. Craig Giammona. A savory base of mushrooms combined with garlic and crème fraiche deliver a delicious, robust flavor that your family is sure to love. These forward-looking statements rely on a number of assumptions and estimates that could be inaccurate and which are subject to risks and uncertainties. Pacific Foods Organic Creamy Tomato Soup comes in a 12-pack of 32-ounce cartons. 1 IRI Total US MULO latest 52 weeks ending 11/26/17 loss, and business disruption (including, without limitation, Pacific Foods focuses on making a positive impact on both people and the planet. 2 suppliers) may be greater than expected in connection with the closing Pacific Foods is renowned for producing organic soup, broths, meals, shelf-stable plant-based beverages and side dishes. Pacific Foods - Healthy Organic Food made from simple ingredients, Plant-based Beverages, Soup, Broth, Bone Broth, Stock A savory base of mushrooms combined with garlic and crème fraiche deliver a delicious, robust flavor that your family is sure to love. INVESTOR CONTACT: CAMPBELL COMPLETES ACQUISITION OF PACIFIC FOODS. For generations, people have trusted Campbell's Soup to provide authentic, flavorful and readily available soups, meals, and recipes. Campbell's Well Yes! revenues or other operating results following the Pacific Foods building; and invest in R&D and the supply chain to deliver operations View all products Campbell expects to expand distribution; boost marketing support for brand building; and invest in R&D and the supply chain to deliver operations and customer service excellence. ... Campbell's Kitchen. employees and operates a certified organic plant where it produces its EXPLORE campbellsoupcompany.com. difficulties in maintaining relationships with employees, customers, and Pacific Foods offerings will join Campbell’s portfolio of organic foods. Campbell’s US$700m Cash Deal for Pacific Foods 07 Jul 2017 --- Campbell Soup Company has entered into an agreement to acquire Pacific Foods of Oregon for US$700 million. Founded in 1987 in Tualatin, Ore., Pacific Foods has more than 500 Whole Foods Market America’s Healthiest Grocery Store: Woot! Campbell This release contains “forward-looking statements” that reflect Organic food is an $11 billion category in the U.S., which grew at a compound annual growth rate of 15.7 percent over the past four years. ending 10/29/17, View source version on businesswire.com: http://www.businesswire.com/news/home/20171212006303/en/, Campbell Soup Company At Pacific Foods, we believe that making foods we're proud of is as much … 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’s current expectations about the impact of its future plans and ... Campbell's Chunky Healthy Request. Organic food is an $11 billion category in the U.S., which grew Alexander, President, the Americas division includes many leading brands [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. 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flavorful and readily available foods and beverages that connect them to 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. Dr. McDougall's Right Foods. [email protected], © 2020 CSC BRANDS, L.P. ALL RIGHTS RESERVED, http://www.businesswire.com/news/home/20171212006303/en/, The Lancaster Food Hub is helping those in need near our, Get to know Camille, our Chief Culture Officer, and learn more about her strategy for making the Campbell culture a…. [3], Denise Morrison, Campbell’s President and Chief Executive Officer, said, “Pacific Foods is an excellent strategic fit with Campbell’s health and well-being portfolio with its strong position in the faster-growing natural and organic category. This focus enables us to leverage iconic brands and strong positions in the market where we have the greatest presence. It's just the latest aggressive move from a Big Food company gobbling up a smaller competitor. MEDIA [29] Projects. Dive Brief: Campbell's Soup has entered into an agreement to buy natural and organic brand Pacific Foods of Oregon for $700 million in cash, according to a company statement. The completion of the transaction is subject to customary closing conditions. integrate Pacific Food’s key functions. brands for Campbell since joining the company in 1997. 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. Samyang. Just a few tasty, whole ingredients that thankfully, aren’t a mouthful to say. For generations, people have trusted Campbell's Soup to provide authentic, flavorful and readily available soups, meals, and recipes. CONTACT: Including the impact of purchase accounting, an increase in interest ending 11/26/17 unable to achieve the anticipated benefits of the Pacific Foods Forward-looking statements speak only At least, that’s what Pacific Foods believes. the acquisition of Pacific Foods of Oregon (Pacific Foods) for $700 circumstances after the date of this release. respected organic brand to our company and intend to leverage our A legal fight has broken out over whether the organic food company Pacific Foods has shorted its late co-founder’s estate by $250 million. are subject to risks and uncertainties. According to Campbell, the acquisition will also further its efforts to drive innovation in health and well-being to reinvent the center store, while giving the company more access to natural and organic customers and channels. Because this brand wants to know where its food comes from (and also wants to be able to share the sourcing stories with customers), Pacific Foods gathers ingredients for its rich broths, nourishing milks, and filling soups from farms the company has built long-term relationships with. as of the date made. The factors that could cause Soup, snacks and snow—it’s the holiday season! sides. For screen reader problems with this website, please call 1-844-995-5545. well-being portfolio with its strong position in the faster-growing “Pacific Foods is an excellent strategic fit with Campbell’s health and Pacific Foods offices, Research Kitchen, Pilot Plant, and Manufacturing Plants (Campbell Soup Company (CSC), co-manufacturers and vendors). Campbell's acquiring Tualatin-based Pacific Foods in $700M deal Pacific Foods, which employs more than 500 people in Oregon, said it expects to … Led by Mark Alexander, President, the Americas division includes many leading brands such as Campbell’s, V8, Swanson, Prego, Pace and Plum Organics. shelf-stable beverage units in the U.S. and Canada. 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. The company is a member Pacific Foods generated approximately $232 million in trailing At Pacific Foods, we believe that making foods we're proud of is as much about the ingredients we use as it is about the actual recipe. Pacific Foods is a leading producer of organic broth and soup1 We are thrilled to add such a powerful and Founded in 1987 in Tualatin, Ore., Pacific Foods has more than 500 employees and operates a certified organic plant where it produces its namesake products. Pacific Foods offerings will join Campbell’s portfolio of organic foods. Led by our Juanita's Foods. or follow company news on Twitter via @CampbellSoupCo. CAMPBELL COMPLETES ACQUISITION OF PACIFIC FOODS. 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. It's just the latest aggressive move from a Big Food company gobbling up a smaller competitor. We deeply respect what Pacific has built, and our aim is to help Pacific to accelerate growth while continuing its purpose-driven mission: to make nourishing foods with simple, organic ingredients.”. a number of assumptions and estimates that could be inaccurate and which Pacific Foods - Healthy Organic Food made from simple ingredients, Plant-based Beverages, Soup, Broth, Bone Broth, Stock Oat Base Developement Feb 2017 – Apr 2018. Pacific Foods Light Sodium Organic Butternut Squash Soup contains butternut squash that is harvested each fall, and is simmered slowly to bring out its natural sweetness and smooth texture. Campbell's knows consumers are reaching for organic food and beverages more often than not these days; in particular, its Pacific Food brand has been flying off store shelves due to its organic ingredient lists, dense nutrition profiles and convenience. Organic food is an $11 billion category in the U.S., which grew at a compound annual growth rate of 15.7 percent over the past four years. Over $8 million in funds and food for COVID-19 recovery in our hometowns. Tejava Tea Variety Pack, 52ct. iconic Campbell’s brand, our portfolio includes Pepperidge This focus enables us to leverage iconic brands and strong positions in the market where we have the greatest presence. Campbell disclaims any obligation or intent to 6, 2017– Campbell Soup Company (NYSE:CPB) today announced it has entered into an agreement to acquire Pacific Foods of Oregon for $700 million in cash. 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). Dec 2017 – Present 3 years. Pacific Foods, which is owned by a subsidiary of Campbell Soup Co., has filed a $30 million lawsuit against Chuck Eggert and his company Keystone-Pacific. dilutive to its fiscal 2018 earnings. Chef John Folse. Campbell expects that Pacific Foods will contribute approximately $100 million in net sales in fiscal 2018. For generations, people have trusted Campbell to provide authentic, flavorful and readily available foods and beverages that connect them to each other, to warm memories and to what’s important today. Forward-looking statements speak only as of the date made. When Pacific Foods was founded we chose to do things differently from other food companies. These forward-looking statements rely on Campbell's Soup has entered into an agreement to buy natural and organic brand Pacific Foods of Oregon for $700 million in cash, according to a company statement. Pacific Foods will form part of Campbell Americas Simple Meals and Beverages segment, joining its namesake brand and other existing brands like V8, Swanson, Prego, Pace and Plum Organics. Its sourcing standards make it easy to trust that every ingredient listed on the box is safe for your family to enjoy. natural and organic category. To learn more about how we make our food and the choices behind the ingredients we use, visit www.whatsinmyfood.com. described in Campbell’s most recent Form 10-K and subsequent Securities Founded in 1869, Campbell has a heritage of giving back and acting as a Organic food is an $11 billion category in the U.S., which grew at a compound annual growth rate of 15.7 percent over the past four years. [26] In December 2017, Campbell's completed the acquisition [27] of Pacific Foods of Oregon, LLC [28] for $700 million and announced the agreement to acquire the snack company Snyder's-Lance for $4.87 billion in cash. CAMDEN, N.J.–(BUSINESS WIRE)–Dec. generations, people have trusted Campbell to provide authentic, Campbell plans to invest in the business to drive growth. We firmly believe the best recipes are the most flexible — the ones that can be mixed and matched to your liking or your resources. Thomas Hushen, 856-342-5227 By: Mark Alexander, President of Americas Simple Meals and Beverages . By: Mark Alexander, President of Americas Simple Meals and Beverages . This soup is great as a base for soups, casseroles and sauces. He was most Campbell will immediately begin to integrate Pacific Food’s key functions. Campbells Healthy Request. “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. of Tualatin. 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 Read More. of the Standard & Poor’s 500 and the Dow Jones Sustainability Indexes. Campbell named Joe Folds as Vice President and General Manager, Pacific Foods. Our organic soup is a savory blend of roasted chicken, cream and garlic. Nongshim. Pacific Foods. Dansk, Kjeldsens, Garden Fresh Gourmet and Pacific Foods. has built, and our aim is to help Pacific to accelerate growth while 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. We began with time-honored recipes using simple ingredients from growers we trusted, and we adopted sustainable practices to ensure kinder treatment of people, animals, and the planet. business and operations in a timely and cost-efficient manner; (3) Campbell Soup Co said on Thursday it would buy Pacific Foods, which makes organic soups and broths, for $700 million in cash to boost its health food options amid changing consumer tastes. Organic food is an $11 billion category in the U.S., which grew at a compound annual growth rate of 15.7 percent over the past four years. 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 … Lotus Foods. 28 Sep 2017 --- Campbell Soup Company entered into an agreement on July 6, 2017, to acquire Pacific Foods of Oregon (Pacific Foods) for US$700 million. The acquisition will also further Campbell’s efforts to drive innovation in health and well-being to reinvent the center store, while giving the company more access to natural and organic customers and channels, according to officials. Osem. Campbell (NYSE:CPB) is driven and inspired by our Purpose, “Real food Our portfolio is focused on two distinct businesses in our core North American market: Snacks and Meals & Beverages. Led by Mark Campbell's Slow Kettle. Looking to expand its organic reach and diversify its already broad stable of brands, Campbell Soup Company has announced that it has entered into an agreement to acquire Pacific Foods of Tualatin, Oregon, for $700 million in cash.“This acquisition is consistent with our purpose, ‘real food that matters for life’s moments.’ Pacific is an authentic brand with a loyal consumer For Our portfolio is focused on two distinct businesses in our core North American market: Snacks and Meals & Beverages. "Campbell and Pacific Foods believe in making food that we are proud to serve at our own tables using simple, recognizable ingredients," she said. Pacific Foods will be part of Campbell’s Americas Simple Meals and Beverages division, which includes Campbell’s soup, simple meals and shelf-stable beverage units in the U.S. and Canada. The deal is the latest in a string of acquisitions that have strengthened Campbell’s offer in the high-performing natural and organic grocery space. Pacific Foods is a leading producer of organic broth and soup and also produces shelf-stable plant … ALL RIGHTS RESERVED. Food should be simple. Foods. Pacific Foods generated approximately $232 million in trailing twelve-month net sales as of November 2017. Founded Campbell's amplifies organic offerings with first national campaign for Pacific Foods. good steward of the planet’s natural resources. Ginger, onion and garlic mingle with cinnamon and nutmeg for a creamy, flavorful soup with a hint of nuttiness. and Exchange Commission filings. We deeply respect what Pacific We offer the breadth of products that your customers are asking for. Ken Campbell will immediately begin to We steer clear of additives, preservatives and common allergens, and avoid GMOs. This soup is great as a base for soups, casseroles and sauces. 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. expressed in any forward-looking statement include (1) Campbell may be at a compound annual growth rate of 15.7 percent over the past four ©2020 PACIFIC FOODS OF OREGON, LLC. Farm, Bolthouse Farms, Arnott’s, V8, Swanson, Pace, Prego, Plum, Royal He was most recently Vice President, Strategy, Business Development and Global Brands, Global Biscuits and Snacks. 2018. simple, organic ingredients.”. Travel (up to 30%) is associated with feasibility and start up at Pacific and Campbell Soup manufacturing plants, equipment and trials at vendor and co-manufacturing. A little garlic and onion round out the flavor and add depth to this wonderful classic family favorite. continuing its purpose-driven mission: to make nourishing foods with acquisition may be lower than expected; (4) operating costs, customer [email protected] Soups. Campbell will continue to operate Pacific Foods out Founded in 1987, Pacific Foods generated around $218 million in net sales for the 52-week period ending May 31, 2017. To learn more about how we make our food and the choices behind the Brands, Global Biscuits and Snacks. and simple meals, beverages, snacks and packaged fresh foods. growth.”. each other, to warm memories and to what’s important today. Dec 11, 2020 Dec 11, 2020. Alexander said, “Pacific is an authentic brand with a real food philosophy that closely mirrors our own. namesake products. Folds has extensive, global experience leading businesses and Campbell named Joe Folds as Vice President and General Manager, Pacific Just a few tasty, whole ingredients that thankfully, aren’t a mouthful to say. For screen reader problems with this website, please call 1-844-995-5545. Learn more today! CAMDEN, N.J. — The Campbell Soup Co. has completed its $700 million acquisition of Pacific Foods of Oregon, a producer of organic broth and … A little garlic and onion round out the flavor and add depth to this wonderful classic family favorite. 6 All Natural Unsweetened Flavored Recyclable Single Serve Assorted Variety Pack Tea Pods Including Our Original Black Tea, Raspberry Tea, Peach Tea, Pineapple Mango Tea, Apple Cinnamon Tea, & Vanilla Chai Tea - Tea Leaves Sourced Exclusively From Rainforest Alliance Certified™ Farms Folds has extensive, global experience leading businesses and brands for Campbell since joining the company in 1997. Founded in 1869, Campbell has a heritage of giving back and acting as a good steward of the planet’s natural resources. The factors that could cause Campbell’s actual results to vary materially from those anticipated or expressed in any forward-looking statement include (1) Campbell may be unable to achieve the anticipated benefits of the Pacific Foods acquisition; (2) Campbell may not be able to integrate the Pacific Foods business and operations in a timely and cost-efficient manner; (3) revenues or other operating results following the Pacific Foods acquisition may be lower than expected; (4) operating costs, customer loss, and business disruption (including, without limitation, difficulties in maintaining relationships with employees, customers, and suppliers) may be greater than expected in connection with the closing of the Pacific Foods acquisition; (5) Campbell may assume unexpected risks and liabilities in the Pacific Foods acquisition; (6) integrating Pacific Foods into Campbell’s business may distract Campbell’s management from other important matters; and (7) the other factors described in Campbell’s most recent Form 10-K and subsequent Securities and Exchange Commission filings. Campbell Soup Buys Pacific Foods for $700 Million By . Pacific Foods Organic Creamy Tomato Soup Fresh organic milk from local dairies is a perfect complement to the tangy sweetness of organic tomatoes. Manischewitz. Here are even more things to love about Pacific Foods. Campbell Soup Company (NYSE:CPB) today announced it has entered into an agreement to acquire Pacific Foods of Oregon for $700 million in cash. and also produces shelf-stable plant-based beverages and other meals and Pacific Foods Organic Cream of Mushroom Condensed Soup is as versatile as it is delicious. Looking to expand its organic reach and diversify its already broad stable of brands, Campbell Soup Company has announced that it has entered into an agreement to acquire Pacific Foods of Tualatin, Oregon, for $700 million in cash.“This acquisition is consistent with our purpose, ‘real food that matters for life’s moments.’ Pacific is an authentic brand with a loyal consumer Campbell disclaims any obligation or intent to update the forward-looking statements in order to reflect events or circumstances after the date of this release. After 60 days, Campbell has the option to extend the cure period or terminate the agreement. For more information, visit www.campbellsoupcompany.com or follow company news on Twitter via @CampbellSoupCo. Pacific Foods into Campbell’s business may distract Campbell’s Pacific Foods via Campbell Soup Company Aquisition. Pacific Foods produces organic broth and soup and also produces shelf-stable, plant-based beverages and other meals and sides. And don’t forget when a recipe calls for “cooked chicken” be sure to use your leftover cooked turkey instead. Pacific Foods Natural and Organic Broths, Soups, Plant-Based Beverages and Meals Meet Changing Consumer Preferences CAMDEN, N.J.–(BUSINESS WIRE)–Jul. Campbell Soup Company is set to acquire US natural and organic food pioneer Pacific Foods of Oregon for US$700 million in cash. Campbell will continue to operate Pacific Foods out of Tualatin. One of America’s largest food brands, Campbell Soup Co. has purchased organic soup firm Pacific Foods for $700 million. or Batchelors. Pacific Foods will be part of Campbell’s Americas Simple Meals and Beverages division, which includes Campbell’s soup, simple meals and shelf-stable beverage units in the U.S. and Canada. View all products and customer service excellence. Gosnell, 856-342-6081 IRI Market Advantage: Total Edible Organics US MULO, latest 52 weeks Versatile and perfect for a busy cook, serve this soup over rice or steamed vegetables, or use it in casseroles or sauces. Campbell (NYSE:CPB) is driven and inspired by our Purpose, “Real food that matters for life’s moments.” We make a range of high-quality soups and simple meals, beverages, snacks and packaged fresh foods. acquisition; (2) Campbell may not be able to integrate the Pacific Foods ingredients we use, visit www.whatsinmyfood.com. Pacific Foods offices, Research Kitchen, Pilot Plant, and Manufacturing Plants (Campbell Soup Company (CSC), co-manufacturers and vendors). [2] Pacific Foods offerings will join Campbell’s portfolio of organic foods, which is in the top 10 in the industry. CAMDEN, N.J., Dec. 12, 2017 – Campbell Soup Company (NYSE:CPB) today announced it has completed the acquisition of Pacific Foods of Oregon (Pacific Foods) for $700 million in cash, subject to customary purchase price adjustments. The way we see it, nature knows how foods should taste, and we just try to follow her lead. Led by our iconic Campbell’s brand, our portfolio includes Pepperidge Farm, Bolthouse Farms, Arnott’s, V8, Swanson, Pace, Prego, Plum, Royal Dansk, Kjeldsens, Garden Fresh Gourmet and Pacific Foods. million in cash, subject to customary purchase price adjustments. The company is a member of the Standard & Poor’s 500 and the Dow Jones Sustainability Indexes. Campbell Soup Company (NYSE:CPB) today announced it has completed twelve-month net sales as of November 2017. Here at Pacific, we’ve always taken our cues from nature. Learn more today! We began with time-honored recipes using simple ingredients from growers we trusted, and we adopted sustainable practices to ensure kinder treatment of people, animals, and the planet. Here at Pacific, we’ve always taken our cues from nature. Pacific Foods is a leading producer of organic broth and soup[1] and also produces shelf-stable plant-based beverages and other meals and sides. such as Campbell’s, V8, Swanson, Prego, Pace and Plum 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. expertise and resources to build on Pacific’s track record of sales Foods will contribute approximately $100 million in net sales in fiscal portfolio of organic foods, which is in the top 10 in the industry.3, Denise Morrison, Campbell’s President and Chief Executive Officer, said, For more information, visit www.campbellsoupcompany.com When Pacific Foods was founded we chose to do things differently from other food companies. Pacific Foods will help accelerate Campbell’s efforts to deliver real food and beverages that meet consumers’ changing tastes and preferences. Dec 15, 2020 Dec 15, 2020. The deal is the latest in a string of acquisitions that have strengthened Campbell's offer in the high-performing natural and organic grocery space. management from other important matters; and (7) the other factors recently Vice President, Strategy, Business Development and Global Pacific Foods will help accelerate Campbell’s efforts to deliver real food and beverages that meet consumers’ changing tastes and preferences. Most of … Home; About Us. We offer the breadth of products that your customers are asking for. Led by Mark Alexander, President, the Americas division includes many leading brands such as Campbell’s, V8, Swanson, Prego, Pace and Plum Organics. expects that the acquisition will be approximately $0.05 per share In June 2015, Campbell Soup acquired salsa maker Garden Fresh Gourmet for $231 million as it looked to expand into the fresh and organic packaged foods business. That’s why we can’t stop making this garlicky beef sauce. Campbell’s actual results to vary materially from those anticipated or Pacific Foods produces organic broth and soup and also produces shelf-stable, plant-based beverages and other meals and sides. expects to expand distribution; boost marketing support for brand Pacific Foods will form part of Campbell Americas Simple Meals and Beverages segment, joining its namesake brand and other existing brands like V8, Swanson, Prego, Pace and Plum Organics. Pacific Foods will be part of Campbell’s Americas Simple Meals and Pacific Foods will be part of Campbell’s Americas Simple Meals and Beverages division, which includes Campbell’s soup, simple meals and shelf-stable beverage units in the U.S. and Canada. 12, 2017– performance, including the acquisition of Pacific Foods, on Campbell’s Larissa Veronica. Campbell Soup Company is set to acquire US natural and organic food pioneer Pacific Foods of Oregon for US$700. Alexander said, “Pacific is an authentic brand with a real food Tualatin, Oregon, United States. We are thrilled to add such a powerful and respected organic brand to our company and intend to leverage our expertise and resources to build on Pacific’s track record of sales growth.”. Campbell plans to invest in the business to drive growth. Campbell’s will keep the Pacific branding, according to … What's In My Food. update the forward-looking statements in order to reflect events or business or financial results. Once again demonstrating its focus on diversification, this acquisition is the latest in a long line of Campbell deals over the last five years focused on reshaping the company’s portfolio for continued growth. Bear Creek. Campbell expects that Pacific Travel (up to 30%) is associated with feasibility and start up at Pacific and Campbell Soup manufacturing plants, equipment and trials at … Carolina Biological Supply Company. years.2 Pacific Foods offerings will join Campbell’s Campbell Soup, the iconic company known for its hearty soups, is adding more organic foods to its menu, announcing Thursday that it will buy Pacific Foods of Oregon for $700 million. philosophy that closely mirrors our own. Craig Giammona. A savory base of mushrooms combined with garlic and crème fraiche deliver a delicious, robust flavor that your family is sure to love. These forward-looking statements rely on a number of assumptions and estimates that could be inaccurate and which are subject to risks and uncertainties. Pacific Foods Organic Creamy Tomato Soup comes in a 12-pack of 32-ounce cartons. 1 IRI Total US MULO latest 52 weeks ending 11/26/17 loss, and business disruption (including, without limitation, Pacific Foods focuses on making a positive impact on both people and the planet. 2 suppliers) may be greater than expected in connection with the closing Pacific Foods is renowned for producing organic soup, broths, meals, shelf-stable plant-based beverages and side dishes. Pacific Foods - Healthy Organic Food made from simple ingredients, Plant-based Beverages, Soup, Broth, Bone Broth, Stock A savory base of mushrooms combined with garlic and crème fraiche deliver a delicious, robust flavor that your family is sure to love. INVESTOR CONTACT: CAMPBELL COMPLETES ACQUISITION OF PACIFIC FOODS. For generations, people have trusted Campbell's Soup to provide authentic, flavorful and readily available soups, meals, and recipes. Campbell's Well Yes! revenues or other operating results following the Pacific Foods building; and invest in R&D and the supply chain to deliver operations View all products Campbell expects to expand distribution; boost marketing support for brand building; and invest in R&D and the supply chain to deliver operations and customer service excellence. ... Campbell's Kitchen. employees and operates a certified organic plant where it produces its EXPLORE campbellsoupcompany.com. difficulties in maintaining relationships with employees, customers, and Pacific Foods offerings will join Campbell’s portfolio of organic foods. Campbell’s US$700m Cash Deal for Pacific Foods 07 Jul 2017 --- Campbell Soup Company has entered into an agreement to acquire Pacific Foods of Oregon for US$700 million. Founded in 1987 in Tualatin, Ore., Pacific Foods has more than 500 Whole Foods Market America’s Healthiest Grocery Store: Woot! Campbell This release contains “forward-looking statements” that reflect Organic food is an $11 billion category in the U.S., which grew at a compound annual growth rate of 15.7 percent over the past four years. ending 10/29/17, View source version on businesswire.com: http://www.businesswire.com/news/home/20171212006303/en/, Campbell Soup Company At Pacific Foods, we believe that making foods we're proud of is as much … 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’s current expectations about the impact of its future plans and ... Campbell's Chunky Healthy Request. Organic food is an $11 billion category in the U.S., which grew Alexander, President, the Americas division includes many leading brands [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. 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