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Kevin's Natural Foods: The deal values private equity-backed Kevin's at nearly $800 million, according to people familiar with the matter. Kevin's started exploring options, which included a sale of the company, earlier this year.
Mars Inc has agreed to buy Kevin's Natural Foods, which is known for its sous-vide meals, sauces, and side dishes, the companies said.
Campbell Soup Co. will close one of three Charlotte manufacturing plants by September as it sells off its Emerald nuts business.
Flagstone Foods announced it has acquired Emerald Nuts from Campbell Soup Company, adding one of the leading snack nut brands in the United States to Flagstone's portfolio.
Campbell Soup Co. is selling its Emerald Nuts snack brand to Flagstone Foods, the Camden-headquartered company announced May 30.