Sovos Brands: brands it owns and its ownership tree
Sovos Brands is a publicly listed company headquartered in Louisville, Colorado, United States that is tracked here as an owner of consumer businesses, and has 1 recorded transaction.[1]
Sovos Brands was built by private equity to acquire fast-growing premium food brands, principally Rao's Homemade and noosa yoghurt. It listed in 2021 and Campbell's acquired it in 2024.
Campbell's acquired Sovos Brands for $23 per share in cash, principally to obtain Rao's Homemade, a premium pasta sauce growing far faster than the rest of the category. The Federal Trade Commission cleared the deal after a second request.