Campbell Soup Co., in Camden, announced Monday it will acquire Kelsen Group A/S from Maj Invest, a private equity firm, and several other investors. Financial terms were not disclosed.
Based in Nørre Snede, Denmark, Kelsen is a producer of baked snacks sold in 85 countries around the world. It has established distribution networks in markets in Asia, South America, the Middle East and Africa, as well as the United States. The company generated $180 million in net sales for the year ended Dec. 31.