Cleary Finalizes CVC's €400M Campbell Soup Deal

Law360, New York (October 1, 2013, 4:50 PM EDT) -- CVC Capital Partners will acquire Campbell Soup Co.'s European simple meals brand for €400 million ($542 million), the New York private equity firm announced Tuesday.

Under the agreement, CVC will take over several of Campbell's brands of soups, sauces and meals, including Liebig and Royco in France, Erasco in Germany, Bla Band in Sweden, and Devos Lemmens and Royco in Belgium, as well as a plant in each of the four countries.

The proposed deal allows Campbell to hold on to recently-acquired Kelson Group, which will...
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