Atlas Advisors Acted as Advisor to Fountain of Health USA in the Acquisition of Garden Fresh Gourmet
CAMDEN, N.J.–(BUSINESS WIRE)–Feb. 26, 2019– Campbell Soup Company (NYSE: CPB) announced today that it has signed a definitive agreement for the sale of Garden Fresh Gourmet to an affiliate of Fountain of Health USA, a maker of hummus, dips, variety packs, prepared salads, pâtés, and frozen desserts. Terms of the transaction were not disclosed. Garden Fresh Gourmet is part of the Campbell Fresh division, which also includes Bolthouse Farms. Campbell recently announced the sale of its Everett, Washington, refrigerated soup plant that was also part of Campbell Fresh. As outlined in August 2018 as part of its Board-led strategy and portfolio review, Campbell is in the...