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Campbell, based in Camden, N.J., says the brands included in the deal generate annual sales of $530 million. That represents about 7 percent of the company's net sales last year. Among the brands being sold are Devos Lemmens and Royco in Belgium, Liebig and Royco in France, Erasco in Germany and Bia Band in Sweden. Campbell's European business is based in Belgium and employs around 1,300 people, according to CVC Capital. Campbell said deal would be expected to close in the first quarter of its fiscal 2014. Its stock closed Monday trading up 9 cents at $47.83.. Shares are up more than 37 percent since the start of the year.
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