Rao's Homemade is owned by Campbell's (the United States, NASDAQ: CPB), which acquired the brand on 12 March 2024 for $2.7 billion from Sovos Brands.[1][1] Before Campbell's, Rao's Homemade was owned by Sovos Brands from 2017 to 2024.[1]
Rao's Homemade sells pasta sauce made to the recipe of a Harlem restaurant so small and so hard to book that its reputation carried the retail brand entirely. Campbell's acquired parent Sovos Brands in 2024 for $2.7 billion, its largest deal since Snyder's-Lance.
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Campbell's acquired Sovos Brands for $23 per share in cash, principally to obtain Rao's Homemade, a premium pasta sauce growing far faster than the rest of the category. The Federal Trade Commission cleared the deal after a second request.
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The parent company of Rao's Homemade is Campbell's, a publicly listed company headquartered in the United States.
Yes. Rao's Homemade originated in the United States in 1992 and its owner, Campbell's, is also headquartered in the United States.
Campbell's completed its acquisition of Rao's Homemade on 12 March 2024, after announcing the deal on 7 August 2023. The deal was valued at $2.7 billion (enterprise value).
Before Campbell's, Rao's Homemade was owned by Sovos Brands from 2017 until 2024.
Yes. As of 16 September 2026, Rao's Homemade is still owned by Campbell's. The ownership record was last checked against primary sources on that date.
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
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