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Campbell completes sale of Kelsen Group, Non-alcoholic Baileys Cold Brew in cans unveiled
date:Sep 29, 2019
completed the sale of Kelsen Group to a Ferrero-affiliated company for a purchase price of US$300 million, subject to customary adjustments. Campbell will use the proceeds from the divestiture to reduce debt. Based in Nrre Snede, Denmark, Kelsen is a producer of quality baked snacks whose primary brands include Kjeldsens and Royal Dansk. Last month, Campbell announced a definitive agreement to sell Arnotts and certain other Campbells International operations of Campbells International operation

12/24 06:34