Camden-based Campbell Soup Co. has sold its Pop Secret popcorn business to U.S. snacks manufacturer Our Home for an undisclosed sum.Popchips brand owner Our Home, based in Boonton, said the deal “significantly scales its operation.”The Pop Secret business generated net sales of approximately $120 million in fiscal 2024, Campbell said.“This marks another step in our journey to strategically focus our Snacks portfolio. The sale of Pop Secret will drive greater focus and accelerated growth across our Snacks division and portfolio of leading brands,” Chris Foley, executive vice president and president, Campbell’s Snacks, said.“Acquiring Pop Secret marks Our Home’s expansion into the microwave popcorn category, strengthening our status as a premier independent snacking platform,” Aaron Greenwald, founder and CEO of Our Home, said. “The brand’s significant (multioutlet) consumption and widespread household recognition, combined with our extensive manufacturing capabilities, create a unique platform for growth and innovation in the market.”BofA Securities acted as exclusive financial adviser and Blank Rome served as legal adviser to Campbell on the transaction

Our Home, a leading snack brand, has acquired Pop Secret from Campbell Soup Company, expanding its footprint in the U.S. snack market. This acquisition marks Our Home's entry into the microwave popcorn category, enhancing its product offerings with Pop Secret's 40-year history of innovation and real butter flavors. CEO Aaron Greenwald highlights the move as a strategic growth opportunity, leveraging Our Home's manufacturing capabilities to provide high-quality, better-for-you snacks.

INDIANAPOLIS, May 13, 2024 /PRNewswire/ -- Our Home, a leading independent better-for-you snack family that provides delicious, wholesome snacks at a great value, invites Sweets & Snacks Expo attendees to booth #20120 to hear about the company's exciting new snack brands and manufacturing capabilities while munching on its entire suite of popular snacks, including new product launches from Popchips and Food Should Taste Good.Our Home Showcases Expanded Portfolio and New Innovation at Sweets & Snacks Expo Our Home Showcases Expanded Portfolio and New Innovation at Sweets & Snacks ExpoWith the acquisition of R.W. Garcia , Good Health , and Sonoma Creamery , Our Home's existing platform and footprint across the country has grown significantly. True to Our Home's mission, the three new brands and manufacturing facilities reinforce the portfolio's commitment to offering innovative and health-conscious products to better-for-you driven consumers."Our Home remains committed to offering innovative, delicious, and better-for-you snack options that meet the demands of today's shoppers at an affordable price," said Deb Holt, Chief Marketing Officer at Our Home. "We are excited to welcome R.W. Garcia, Good Health, and Sonoma Creamery to our family of brands and showcase them along with our innovative and savory launches from Popchips and Food Should Taste Good at Sweets & Snacks Expo."Consumers like it hot, and Popchips, maker of never-fried and better-for-you popped potato chips, is delivering that with its upcoming launch of Sweet Heat. The chip takes taste buds on a ride with its initial sweetness that turns into a satisfying heat