03 Sep 2019 --- Campbell Soup Company (Campbell) has announced the divestment of its European crisps business to Ireland-headquartered Valeo Foods Group, an international ambient food company. The sale of Campbell’s European crisps business, which includes Kettle Foods and sister company Yellow Chips, is valued at approximately £66 million (US$79.1 million). The deal follows a string of recent divestitures, which ties into Campbell’s ongoing strategies to reduce debt and narrow its focus on its core canned soup and snacks businesses.
