Campbell set to sell Bolthouse Farms business?

A move away from the fresh food industry may be imminent

According to a report by CNBC, Campbell Soup Company is sending out the financial books for Bolthouse Farms to potential buyers. The company bought Bolthouse Farms in 2012 for $1.55 billion, at which time, Bolthouse registered over $100 million in earnings before interest depreciation and amortization, but it is now losing money.

The potential sale has attracted interest from corporate and private equity buyers, according CNBC.

Companies in this article

Filed in

Joyce's Voice Newsletter

Subscribe now to receive Joyce Fassl’s weekly e-newsletter focusing on the industry’s most pressing manufacturing and operations stories.