ACQUIRED · 2024
Who Acquired Sovos Brands?
Campbell Soup Company · $2.70B· 14.6× EBITDA
The acquisition
Sovos Brands (Louisville, Colorado) was acquired by Campbell Soup Company in 2024 for $2.70B. Premium food company with Rao's sauces, Michael Angelo's frozen entrees, noosa yogurt. The deal was priced at 14.6× EBITDA / 2.70× revenue.
Sovos Brands at time of acquisition
Revenue
$1000.0M
EBITDA
$185.0M
Deal value
$2.70B
EV / EBITDA
14.6×
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Sourced from Campbell Soup Press Release. Primary source. Full deal page.
Citation: ExitValue.ai. (2024). Sovos Brands acquired by Campbell Soup Company. https://exitvalue.ai/acquired/sovos-brands