M&A
confidence high
sentiment positive
materiality 0.80
Campbell's acquires 49% stake in Rao's sauce producer La Regina for $286M
CAMPBELL'S Co
- Total consideration $286M: $146M cash at close, $140M payable in cash or stock on first anniversary.
- La Regina exclusively produces all Rao's tomato-based pasta sauces for Campbell's.
- Remaining 51% of La Regina subject to call option for Campbell's and put option for sellers.
- Campbell's may issue up to $140M in stock for second tranche or option exercise; capped at 19.9% of outstanding shares.
- Transaction expected to close by June 8, 2026, subject to customary conditions.