March 12, 2024 08:35 AM Eastern Daylight Time CAMDEN, N.J.–(BUSINESS WIRE)– Campbell Soup Company (NYSE: CPB) today announced it has completed the acquisition of Sovos Brands, Inc. (“Sovos Brands”) for $23 per share in an all-cash transaction, which represents a total enterprise value of approximately $2.7 billion. “This important milestone in Campbell’s history adds several market-leading and scaled premium brands to our company,” said Campbell’s President … Continue reading Campbell Completes Acquisition of Sovos Brands, Inc.

Former GE Executive to help accelerate performance, value creation, and customer- and supplier-focused transformation PROVIDENCE, R.I.–(BUSINESS WIRE)–United Natural Foods, Inc. (NYSE: UNFI) (the “Company” or “UNFI”) today announced that Giorgio “Matteo” Tarditi has been named President and Chief Financial Officer (CFO), effective April 15. He succeeds John W. Howard, UNFI’s current Chief Financial Officer, who will leave the Company following a transition period. “I am … Continue reading United Natural Foods Names Giorgio Matteo Tarditi President and Chief Financial Officer

WESTLAKE, Calif.–(BUSINESS WIRE)–Sugar Foods Corporation (“Sugar Foods”), a food company serving prominent foodservice, grocery, retail and restaurant brands, today announced the appointment of Andriy Avramenko, an accomplished financial leader and industry veteran, as Chief Financial Officer, effective immediately. Mr. Avramenko brings to Sugar Foods nearly 30 years of experience leading corporations in the food and beverage industry. He will lead Sugar Foods’ finance team, working … Continue reading Sugar Foods Appoints Andriy Avramenko as CFO