Campbell Soup To Sell Danish Snacks Manufacturer To Ferrero Affiliate For $300 Million
Jul 26, 2019 04:38 AM EDT | By Staff Reporter
Campbell Soup has announced it will sell its Danish baked snacks manufacturer Kelsen Group to CTH Invest, a Belgian holding company affiliated with the Nutella maker Ferrero, for $300 million. The transaction is subject to customary purchase price adjustments, and it is expected to be completed in the first quarter of fiscal 2020.
Campbell was advised by Centerview Partners, Goldman Sachs and Weil, Gotshal & Manges LLP. Kelsen, which is based in Nørre Snede, Denmark, was acquired by the Pepperidge Farm owner in 2013. It is primarily known for its brands such as Kjeldsens and Royal Dansk, and it had net sales of approximately $157 million in the past 12 months.
Many college students are obese because of fast food consumption. This is a serious problem, which isn't as difficult as problems with learning. However, it's very difficult to refuse the consumption of fast food. A group of academic experts from a company CustomWritings (which offers professional essay writing services) offer 10 interesting facts related to this problem, which are very interesting.
Everyone wants to sleep well at night, but it seems that so few of us actually understand the correlation between what we eat and how we sleep. While we understand that getting a great night of sleep on a regular basis is essential for good health, it is another thing entirely to understand how we can actually get to that point.
We constantly hear how diet influences our health, after all, we know that eating too much of the wrong type of food can make you overweight and lead to you developing dangerous diseases like diabetes and heart disease.
Selecting the right food is a great job which should be carefully done on one behalf of the health status.
Finding new restaurants to eat at while on vacation doesn't need to be a stressful experience. With a little research, making the most of your surroundings, and some help from the locals, you can have a culinary experience that enhances the whole trip.
It's absolutely and insanely expensive, so never mind. You would probably think like this when somebody invited you to spend a weekend in a wine region. Perhaps you presume that wines are expensive, so as its origin, right? That makes sense. But you, my friend, should know that there is a way to enjoy and explore the valley on a dime.