Recent history
In November 2007, Campbell's Soup sold Godiva to Yildiz Holding.
In March 2008, Campbell's Soup was rebranded as Batchelors Condensed Soup in the UK and Erin in Ireland when the license to use the brand name in those countries expired. Premier Foods, headquartered in St. Albans, Hertfordshire, bought the Campbell Soup Company in the UK and Ireland for £450 million ($830 million) in 2006 but was licensed to use the Campbell name only until 2008. Under this agreement, the US-based Campbell Soup Company continued to produce Campbell's Condensed Soup but could not sell the product in the UK for a further five years.[18]
Campbell's continues to be a major part of Camden, regularly participating in charity events[19][20] in the community. In 2009, Campbell's completed the construction of a new and expanded headquarters[21] in the city. In January 2010, Campbell's Canadian subsidiary began selling a line of soups that are certified by the Islamic Society of North America as being halal (prepared in accordance with Islamic law). Although Campbell does not have any plans to sell its halal soups in the United States, the move drew criticism from anti-Muslim critics in the United States. Several bloggers called for a boycott of the company, but Campbell's spokesman John Faulkner stated at the time that the company did not notice any effect on its sales as a result.[22]
In July 2011, Campbell's Soup decided to once again sell its product in the UK. Symingtons began manufacturing the brand under license. The new lineup consisted of twelve cup soups, five simmer soups designed to be cooked in a pot of water, four savory rice lines as well as four savory pasta and sauce packets. The items were not sold in cans but instead in packets and boxes. Later in 2011, the canned varieties also returned to supermarket shelves with refreshed labels and new lines.[23]
In 2012, Campbell announced plans to buy Bolthouse Farms, a maker of juices, salad dressings, and baby carrots, for $1.55 billion. Analysts said it was an attempt to reach younger, more affluent consumers.[24]
Since 2012, Campbell Soup has been focused on updating their image and digital marketing to increase visibility among younger generations.
In June 2013, Campbell acquired the Danish multinational baked goods company Kelsen Group for an undisclosed amount.[25] Kelsen has an 85-country distribution network and is seen as providing Campbell with opportunities for international expansion, particularly into China and other Asian markets.[25]
In June 2015, Campbell Soup acquired salsa maker Garden Fresh Gourmet for $231 million as it looked to expand into the fresh and organic packaged foods business.[26]
In January 2016, Campbell's announced that it would source 100% cage-free eggs by 2025.[27]
In December 2017, Campbell's completed the acquisition[28] of Pacific Foods of Oregon, LLC[29] for $700 million and announced the agreement to acquire the snack company Snyder's-Lance for $4.87 billion in cash.[30] The latter deal is the largest in the company's history.[31]
In January 2018, Campbell's announced the closure of their only Canadian factory, in Toronto. Production shifted to three existing facilities in the United States, and 380 jobs were lost as a result.[32]
Denise Morrison served as the company's president and CEO from 2011 through 2018.[33]
On December 21, 2018, Mark Clouse, former CEO of Pinnacle Foods, was announced as Campbell's CEO effective January 22, 2019.[34]
Having sold over $450 million a year worth of Chunky Soup from 2004 to 2017, Campbell's asked for a trademark on "Chunky", which was approved in 2019.[35]
In July 2019, Campbell's agreed to sell its stake in the Kelsen Group for $300 million to a subsidiary of Ferrero SpA, with the transfer to be completed in 2020.[36] Campbell's also divested Arnott's Biscuits to KKR for $2.2 billion at the same time.
In August 2023, it was announced that Campbell's had acquired the Louisville, Colorado-headquartered food manufacturer Sovos Brands for $2.7 billion.[37]
On August 1, 2024, Campbell's announced that it will transfer its stock listing from the NYSE to the Nasdaq Global Select Market starting on August 16 at the market close. Trading on Nasdaq began on August 19, 2024.[38]
On August 26, 2024, Campbell's announced it completed the sale of its Pop Secret popcorn business to Our Home, an independent snack company. Terms of the transaction were not disclosed.[39]
On September 11, 2024, Campbell's announced a name change to The Campbell's Company.[40] The change was approved on November 19, 2024.[41] President and CEO Mark Clouse retired from his position to be named the team president of the NFL's Washington Commanders, with Mick Beekhuizen succeeding him on February 1, 2025.[2]
In September 2025, Campbell's admitted to multiple violations of the Clean Water Act. Campbell's Napoleon, Ohio canning plant dumped millions of gallons of waste into the Maumee River, which feeds Lake Erie, over a six and a half year period.[42]
In November 2025, a lawsuit was filed by Robert Garza, a former cybersecurity analyst for the company. The suit alleges Garza was fired after complaining about racist comments by an executive, Martin Bally, made during a meeting in November 2024.[43] In an alleged recording of the meeting which was released to the media by Garza, an individual Garza claims is Bally states in an expletive-filled rant that Campbell's makes food for poor people and that they themselves don't want to eat it because the meat is bio-engineered and "came from a 3-D printer".[44][45][46] Later that same month, Bally was dismissed by the company.[47]
