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Rao's parent company, which went public in 2021, will join a sauce portfolio that includes lower-priced Prego pasta sauce and Swanson broths. Sovos posted $1 billion in sales last year, up 25% ...
Rao's parent company, which went public in 2021, will join a Campbell sauce portfolio that consists of the lower-priced Prego pasta sauce and Swanson broths. The company posted $878.4 million in ...
The Campbell Soup Company announced Monday it is acquiring Sovos Brands, which makes the popular pasta sauce Rao's, with an all-cash $2.7 billion offer.
Rao's (/ ˈ r eɪ oʊ z /) is an Italian-American restaurant founded in 1896. It is located at 455 East 114th Street, on the corner of Pleasant Avenue in East Harlem (or Italian Harlem ), New York City .
Campbell Soup is set to buy Sovos Brands, the maker of Rao’s pasta sauces. In a Monday announcement, the two companies said they had entered an agreement for Campbell's to acquire Sovos for $23 ...
The Ragú pasta sauce line consists of smooth Old World Style sauces, [6] Chunky sauces, [5] bold Robusto! sauces, [7] as well as organic and light pasta sauces. While most well known for selling jarred pasta sauce, Ragú also purveys a pizza sauce [ 8 ] and an Alfredo sauce .
CAMDEN - Campbell Soup Co. has completed its $2.7 billion acquisition of Sovos Brands Inc., the producer of Rao's pasta sauce. The all-cash purchase offers "a substantial runway for sustained ...
Plant No. 2, originally a tomato-processing plant, shut down in 1980. In the 1950s it had manufactured about 35% of all Campbell's products. Products included pork and beans; tomato juice, V8 vegetable juice, Franco-American spaghetti, macaroni and cheese; and soups (notably: bean with bacon, cream of mushroom, cream of celery, and cream of ...