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Campbell Soup selling salsa brand

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Campbell Soup Co. is working to divest its Campbell Fresh businesses.

The company announced it would sell its Garden Fresh Gourmet salsa label to Canadian company Fountain of Health USA.

Seattle-based private investment firm Joshua Green Corp. recently purchased Campbell Soup's Everett, Washington, refrigerated soup plant, which was part of Campbell Fresh.

Officials said the company is divesting Campbell Fresh "to increase the company’s focus, significantly reduce debt and strengthen its balance sheet."

Read more from the New York Business Journal.

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