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Mergers & AcquisitionsUpdated×3•Originally published 4 May 2026•Updated 6 May 2026•

1 min read

Campbell’s Completes Acquisition of 49% Stake in La Regina

Key Facts

1The Campbell's Company announced it has completed the acquisition of a 49% interest in La Regina, a tomato-based sauce maker.

2La Regina is a key producer for the Rao's Homemade brand, which recently surpassed $1 billion in net sales.

The Campbell's Company (NASDAQ: CPB) has finalized the acquisition of a 49% stake in La Regina di San Marzano and La Regina Atlantica for $286 million. These entities serve as the primary production partners for Rao's Homemade, a premium brand that recently surpassed $1 billion in net sales. Notably, the agreement includes a strategic option for Campbell's to purchase the remaining 51% stake in the future. This move follows the 2024 acquisition of Sovos Brands and is designed to strengthen vertical integration and secure long-term supply stability. Regarding financial impact, the transaction is expected to be neutral to Campbell's fiscal 2026 adjusted earnings per share. By securing this interest, the company ensures greater control over production quality and long-term scaling capabilities.

28 days ago

Version History

Version 328 days ago

What changed: Added the transaction value of $286 million and the strategic option to acquire the remaining 51% stake.

Version 229 days ago

What changed: Added specific legal entities involved in the deal and financial guidance regarding fiscal 2026 EPS neutrality.

Version 1about 1 month ago

What changed: Added the ticker symbol (CPB), specific Italian location and founding history of La Regina, and clarified the long-standing partnership since 1993.