CVC Completes Purchase of Campbell's European Simple Meals Biz
Campbell Soup has signed a definitive agreement for the sale of its European simple meals business to CVC Capital Partners.
October 1/Camden, N.J./Business Wire -- Campbell Soup Company has signed a definitive agreement for the sale of its European simple meals business to CVC Capital Partners (CVC), a global private equity firm.
On August 12, 2013, Campbell announced it was in final and exclusive negotiations for the potential sale of its European simple meals business to CVC. Following the completion of information and consultation procedures conducted with its European and local works councils in accordance with applicable laws, Campbell has entered into a binding share purchase agreement with CVC.