Arnott’s, a subsidiary of US food group Campbell Soup Co. has completed the sale of its operations in Papua New Guinea to two local government pension funds.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


The company said the pension funds had exercised their pre-emptive rights to purchase the operations, having previously been minority shareholders.


Financial terms were not disclosed. The transaction is not expected to have a material financial impact on Campbell, the US company said.


Before the funds excercised their pre-emptive option, Campbell had announced that Arnott’s had entered into a sale agreement with Goodman Fielder to purchase the operations.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now