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Campbell offloads Arnott’s and rest of International operations
date:Aug 05, 2019
Kong and Japan, and manufacturing in Australia and Malaysia.

Arnotts and Campbells International operations had combined net sales of approximately $885 million in the latest 12 months and employ approximately 3,800 people.

This was a thorough and complex process in which we considered many options, said Mark Clouse, Campbells President and CEO.

By applying almost $3 billion of divestiture net proceeds to reduce debt, Campbells balance sheet will be stronger and capable of supporting our plan

12/25 01:03