Iconic canned soup company Campbell is expanding its reach in the Italian food market. Campbell (CPB) announced Monday that it would acquire Sovos Brands, maker of the popular Italian food brands ...

This week, the soup company announced it will expand its reach on grocery store shelves with a deal to buy Sovos Brands Inc., the maker of Rao's pasta sauces and other foods. In a joint press ...

Campbell Soup Co. is adding something new to its mix: On Monday it announced it had purchased Sovos Brands, which makes the fan-favorite sauce brand Rao’s as well as premium frozen-food company ...

Todd Lachman, Founder, President and CEO of Sovos Brands, Inc. called it a "momentous ... which has been instrumental in building one of the fastest-growing food companies of scale in the industry ...

Aug 7 (Reuters) - U.S. packaged food maker Campbell Soup (CPB.N), opens new tab will buy Michael Angelo's and Rao's owner Sovos Brands (SOVO.O), opens new tab for $2.33 billion in cash ...

Inc. (“Sovos Brands” or the “Company”) (Nasdaq: SOVO), one of the fastest-growing food companies of scale in the United States, today announced that it has completed the divestiture of the ...

Sovos Brands cleared a path for Rao’s to continue its trajectory toward $1 billion in sales by divesting baking mix brand Birch Benders to Hometown Food Co., Chicago. The resources used to ...

As Clouse notes, Sovos has been a fast grower in the food industry. The company had net sales of $837 million in 2022, generating compound annual growth of 28% from 2019 to last year. The stock ...