CAMDEN (dpa-AFX) - Campbell Soup Company (CPB) Thursday said it completed the acquisition of Plum Organics, a organic foods and snacks supplier for babies and children.
Plum Organics had generated $93 million in gross sales for the year ended December 31, 2012.
Campbell will operate Plum as a standalone business within its Campbell North America division. Senior members of Plum Organics' management team, including co-founder and president Neil Grimmer, will continue to lead Plum and its mission-driven culture from its headquarters in Emeryville, California. Grimmer will report to Mark Alexander, President-Campbell North America.
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