{"id":817098,"date":"2025-02-24T16:40:29","date_gmt":"2025-02-24T21:40:29","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/campbells-completes-sale-of-noosa-business-to-lakeview-farms\/"},"modified":"2025-02-24T16:40:29","modified_gmt":"2025-02-24T21:40:29","slug":"campbells-completes-sale-of-noosa-business-to-lakeview-farms","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/campbells-completes-sale-of-noosa-business-to-lakeview-farms\/","title":{"rendered":"Campbell\u2019s Completes Sale of noosa Business to Lakeview Farms"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Campbell\u2019s Completes Sale of noosa Business to Lakeview Farms<\/b><\/p>\n<p>CAMDEN, N.J.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<b>The Campbell\u2019s Company (NASDAQ:CPB)<\/b><b>(Campbell\u2019s) <\/b>today announced it has completed the sale of the noosa yoghurt business to Lakeview Farms, LLC, a manufacturer of fresh dips, desserts and specialty products. Terms of the transaction were not disclosed. Lakeview Farms and noosa will combine and now be known as Novus Foods.<\/p>\n<p>\nAs stated when the sale agreement was announced in Nov. 2024, Campbell\u2019s expects the divestiture to be dilutive to earnings per share by approximately $0.01 in fiscal 2025.<\/p>\n<p>\nCampbell\u2019s purchased<i \/>the noosa yoghurt business as part of the Sovos Brands, Inc. acquisition in March 2024.<\/p>\n<p><b>About The Campbell\u2019s Company<\/b><\/p>\n<p>\nFor 155 years, The Campbell\u2019s Company (NASDAQ:CPB) has been connecting people through food they love. Headquartered in Camden, N.J. since 1869, generations of consumers have trusted us to provide delicious and affordable food and beverages. Today, the company is a North American focused brand powerhouse, generating fiscal 2024 net sales of $9.6 billion across two divisions: Meals &amp; Beverages and Snacks. Our portfolio of 16 leadership brands includes: <i>Campbell\u2019s<\/i>, <i>Cape Cod<\/i>, <i>Chunky<\/i>, <i>Goldfish<\/i>, <i>Kettle Brand<\/i>, <i>Lance<\/i>, <i>Late July<\/i>, <i>Pace<\/i>, <i>Pacific Foods<\/i>, <i>Pepperidge Farm<\/i>, <i>Prego<\/i>, <i>Rao\u2019s<\/i>, <i>Snack Factory<\/i>, <i>Snyder\u2019s of Hanover<\/i>, <i>Swanson<\/i> and <i>V8<\/i>. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.thecampbellscompany.com&amp;esheet=54212938&amp;newsitemid=20250224458508&amp;lan=en-US&amp;anchor=www.thecampbellscompany.com&amp;index=1&amp;md5=d8bbb2d72b56f20613cba0be68d690f6\">www.thecampbellscompany.com<\/a>.<\/p>\n<p><b>Forward Looking Statements<\/b><\/p>\n<p>\nThis press release includes certain forward-looking statements within the meaning of U.S. federal securities laws. These forward-looking statements are based on management&#8217;s current expectations and assumptions. The forward-looking statements, including statements concerning our current expectations about the transaction, are subject to certain risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. We do not undertake any obligation to update or revise these forward-looking statements to reflect new events or circumstances.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250224458508r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250224458508\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250224458508\/en\/<\/a><\/span><\/p>\n<p>\nInvestors:<br \/>\n<br \/>Rebecca Gardy<br \/>\n<br \/>(856) 342-6081<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Rebecca_Gardy@campbells.com\">Rebecca_Gardy@campbells.com<br \/>\n<\/a><\/p>\n<p>Media:<br \/>\n<br \/>James Regan<br \/>\n<br \/>(856) 219-6409<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:James_Regan@campbells.com\">James_Regan@campbells.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America New Jersey<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Retail Supermarket Food\/Beverage<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250224458508\/en\/2321343\/3\/TCC_logo_V_red.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Campbell\u2019s Completes Sale of noosa Business to Lakeview Farms CAMDEN, N.J.&#8211;(BUSINESS WIRE)&#8211;The Campbell\u2019s Company (NASDAQ:CPB)(Campbell\u2019s) today announced it has completed the sale of the noosa yoghurt business to Lakeview Farms, LLC, a manufacturer of fresh dips, desserts and specialty products. Terms of the transaction were not disclosed. Lakeview Farms and noosa will combine and now be known as Novus Foods. As stated when the sale agreement was announced in Nov. 2024, Campbell\u2019s expects the divestiture to be dilutive to earnings per share by approximately $0.01 in fiscal 2025. Campbell\u2019s purchasedthe noosa yoghurt business as part of the Sovos Brands, Inc. acquisition in March 2024. About The Campbell\u2019s Company For 155 years, The Campbell\u2019s Company (NASDAQ:CPB) has been connecting people through &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/campbells-completes-sale-of-noosa-business-to-lakeview-farms\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Campbell\u2019s Completes Sale of noosa Business to Lakeview Farms&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-817098","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Campbell\u2019s Completes Sale of noosa Business to Lakeview Farms - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/campbells-completes-sale-of-noosa-business-to-lakeview-farms\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Campbell\u2019s Completes Sale of noosa Business to Lakeview Farms - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Campbell\u2019s Completes Sale of noosa Business to Lakeview Farms CAMDEN, N.J.&#8211;(BUSINESS WIRE)&#8211;The Campbell\u2019s Company (NASDAQ:CPB)(Campbell\u2019s) today announced it has completed the sale of the noosa yoghurt business to Lakeview Farms, LLC, a manufacturer of fresh dips, desserts and specialty products. Terms of the transaction were not disclosed. Lakeview Farms and noosa will combine and now be known as Novus Foods. As stated when the sale agreement was announced in Nov. 2024, Campbell\u2019s expects the divestiture to be dilutive to earnings per share by approximately $0.01 in fiscal 2025. Campbell\u2019s purchasedthe noosa yoghurt business as part of the Sovos Brands, Inc. acquisition in March 2024. About The Campbell\u2019s Company For 155 years, The Campbell\u2019s Company (NASDAQ:CPB) has been connecting people through &hellip; Continue reading &quot;Campbell\u2019s Completes Sale of noosa Business to Lakeview Farms&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/campbells-completes-sale-of-noosa-business-to-lakeview-farms\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-24T21:40:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250224458508r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/campbells-completes-sale-of-noosa-business-to-lakeview-farms\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/campbells-completes-sale-of-noosa-business-to-lakeview-farms\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Campbell\u2019s Completes Sale of noosa Business to Lakeview Farms\",\"datePublished\":\"2025-02-24T21:40:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/campbells-completes-sale-of-noosa-business-to-lakeview-farms\\\/\"},\"wordCount\":356,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/campbells-completes-sale-of-noosa-business-to-lakeview-farms\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20250224458508r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/campbells-completes-sale-of-noosa-business-to-lakeview-farms\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/campbells-completes-sale-of-noosa-business-to-lakeview-farms\\\/\",\"name\":\"Campbell\u2019s Completes Sale of noosa Business to Lakeview Farms - 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