Campbell sells Bolthouse Farms

Butterfly Equity affiliate to be new owner

Apr 15th, 2019
Campbell logo
Campbell logo

An affiliate of Butterfly Equity, a Los Angeles-based private equity firm that specializes in the food sector, has agreed to pay $510 million to purchase Bolthouse Farms from Campbell Soup Company, subject to customary purchase price adjustments. The deal is expected to be completed by the end of fiscal 2019.

Companies in this article
Campbell Soup Co.
For more information and free registration, visit packexpoconnects.com.
How-To Guide on Mastering PACK EXPO Connects
Every preparation tool attendees need to ensure a successful event
Oct 23rd, 2020
An important factor in understanding asset reliability is in its relationship to overall equipment effectiveness (OEE). Asset reliability initiatives are focused on two key areas within OEE loss: planned downtime events and unplanned downtime events. Source: PMMI’s OpX Leadership Network OEE guidelines report.
The Drive to Zero Downtime
The time invested in building reliability initiatives can pay huge dividends in the future. Systems and equipment can become more reliable and allow food and beverage manufacturers to fulfill safety, quality, delivery, and cost objectives.
Oct 21st, 2020
Pod Pack now operates 14 packaging lines producing half a dozen formats with contract packaging customers including all the big national brands, local regional brands, hospitals, schools, foodservice, and anywhere else you can imagine.
Coffee Pod Co-Packer Realizes Perks of ERP System
Between limiting downtime, speeding up throughput, and a host of soon-to-be realized improvements via ERP (Enterprise Resource Planning) software data harvesting, Pod Pack is making the most of its new ERP system.
Oct 20th, 2020
Hands-free headsets allow operators to troubleshoot machine failures or can be used when access is needed in remote locations.
Security, Remote Access, and Manufacturing Data
Achieve secure remote access with proven system integrators during the pandemic.
Oct 20th, 2020
Hormel Svp Pierre Lilly
Hormel Foods Names New SVP and Chief Compliance Officer
Pierre Lilly will be responsible for overseeing compliance with the laws and regulations that govern the company’s worldwide operations.
Oct 20th, 2020
Getty Images 1175230914
Major Trends in Modern Health Today
Healthier eating lifestyles and habits were already on the rise before the pandemic, but now there is an updated perspective on modern health.
Oct 19th, 2020
Fps Thailand Facility
FPS Opens New Manufacturing and Service Center in Thailand
The new facility will put the company in a prime position to offer hygienic refrigeration equipment solutions to the global food processing market.
Oct 19th, 2020
Dennis Group Logo 2
Dennis Group Forms New Partnership
The joint venture with IFAB Engineering Partners will create the largest food design firm in Canada.
Oct 19th, 2020
For more information and free registration, visit packexpoconnects.com.
The Countdown to 2020’s Most Comprehensive Virtual Packaging Event is On
See more technology in less time at PACK EXPO Connects
Oct 16th, 2020
Dennis Organ, Smithfield Incoming President And Ceo
Smithfield Foods to Have New President and CEO
Dennis Organ has been named to take leadership following the retirement of current President and CEO Kenneth M. Sullivan.
Oct 16th, 2020
PACK EXPO Connects has several new features that will foster connections with a wide variety of solutions providers.
PACK EXPO Connects Delivers New Technology to Your Desktop or Device
Virtual event will foster connections with solutions providers—minimizing attendee time and effort to find innovations needed. The latest industry advancements will be presented via 2,700 live product demonstrations, connecting attendees with exhibitors.
Oct 15th, 2020
1020 Cover2
The Great Global Reset
As consumers shift consumption habits amidst the pandemic, many manufacturers in ProFood World’s Global 250 Food and Beverage Manufacturers list take this moment as a window of opportunity to boost growth of their iconic legacy brands and retail channel.
Oct 15th, 2020
Nurtac Afidi, Godiva Interim Ceo
GODIVA Announces Interim CEO
Current CEO Annie Young-Scrivner is set to leave the company at the end of November to pursue another opportunity.
Oct 14th, 2020
Schenck Process Logo
Schenck Process to Acquire Baker Perkins
The move will strengthen Schenck’s European capabilities in the food processing and equipment sector, and broaden its product offerings in the Americas.
Oct 14th, 2020
Little Plates
Baby Food Brand Grows Up
Babyblends maker Little Spoon has expanded its product offerings to include supplements/vitamins and a line of plated meals for the younger set in just a few short years, while also selling solely direct-to-consumer.
Oct 13th, 2020
Benestar Brands Logo
International Snack Food Company Building Facility in North Carolina
The new site will provide easier access to the East Coast market and support expansion into new snack categories.
Oct 13th, 2020
Pepsi Co Logo
PepsiCo Provides Update on Green Bond
The company reveals $447 million has been allocated thus far to support its vision of building a more sustainable food system.
Oct 12th, 2020
Goya Logo
Goya Expanding Texas Facility
The facility sits in a location that provides access to a skilled workforce, favorable business climate, railroad transportation, and a launch pad for global export.
Oct 12th, 2020
Hixson designed renovations and a new line for Abbott Nutrition’s Tipp City, Ohio, plant. The facility features low-acid aseptic filling at greater than 800 bpm, segregated storage areas, state-of-the-art sterilization technologies, and highly flexible production and packaging lines.
Get More From Your Existing Assets
Identifying why your equipment is running below its potential is the first step in boosting output. Visibility tools, remote diagnostics, and the care and feeding of your essential human assets can push throughput in the right direction.
Oct 9th, 2020
New sustainable packaging initiative from Clover Sonoma.
New Sustainable Milk Carton
Clover Sonoma, a third-generation family-owned and operated dairy based in Petaluma, Calif., is transitioning its half-gallon organic milk to a fully renewable plant-based paperboard milk carton.
Oct 9th, 2020
More in Home
Because SeaWell prevents the seafood product from sitting in excess liquid, the packaging reduces the rate of microbial growth and chemical degradation.
Staying Above Sea Level
The SeaWell packaging system extends shelf life and improves food safety of seafood by separating the product from the excess liquid it releases.
Oct 7th, 2020
New Eckrich deli meat pack designs demonstrate benefits to the consumer, like ideas for home-made meals.
Eckrich Deli Meats get a Research-Driven Pack Redesign
After asking consumers what they wanted and needed from the deli category, this Smithfield brand learned that packaging needed to better demonstrate consumer benefits, like ideas for home-cooked meals.
Oct 7th, 2020
Shannan Redcay, Utz, Inc Senior Vice President Of Innovation And Value Creation
Utz Brands Appoints New Senior Vice President
Shannan Redcay has been named senior vice president of innovation and value creation as the company moves to accelerate growth.
Oct 6th, 2020
Gene Shaw, Mk North America Sales & Business Development Manager
mk North America, Inc. Appoints New Sales and Business Development Manager, North America
Oct 5th, 2020
Chris English, Krohne Vice President Of Sales
KROHNE Hires New Vice President of Sales
Chris English brings extensive experience managing sales forces and defining process control instrumentation market strategies on a national scale.
Oct 6th, 2020
News Remote 3 Pic
How To Broaden Use of Remote Access
If CPGs are ever going to capitalize fully on the potential benefits offered by remote access technology, they need to start small and grow success rather than looking to quickly implement an entire complex plan all at once.
Oct 5th, 2020
Screen Shot 2020 10 02 At 3 28 59 Pm
ProMach Acquires Statco-DSI
The acquisition expands ProMach’s line integration and engineering service capabilities for customers in the food, dairy, and beverage processing industries.
Oct 2nd, 2020
The YIELDAS Front Half Deboning System features unique vision technology that delivers high-yield performance. Photo courtesy of Cantrell Gainco.
Meatpackers Accelerate Automation after Virus, but Lag Behind Overseas Counterparts
Automation would increase food security and improve plant safety, but is the technology affordable during this turbulent economic era?
Oct 2nd, 2020
Fpl Food, Llc
FPL Food Rebuilding Georgia Site
The project will enable the company to expand its harvest and fabrication facility to further solidify its position as the Southeastern U.S. beef processing leader.
Oct 2nd, 2020
From left to right: Pat Reynolds, Paul Singh, Fritz Yambrach, and Jane Chase.
Packaging & Processing Hall of Fame Welcomes Four Members
PMMI, The Association for Packaging and Processing Technologies announces the Class of 2020 Inductees.
Oct 1st, 2020
Mc Millon
Walmart Goes ‘Beyond Sustainability,’ Vowing to Become a Regenerative Company
World’s largest retailer targets zero emissions by 2040 and aims to protect, manage, or restore at least 50 million acres of land and 1 million square miles of ocean by 2030.
Oct 1st, 2020
Us Foods Logo
US Foods Releases Social Responsibility Report
The report reveals progress in protecting the environment and providing responsibly sourced and sustainable products.
Oct 1st, 2020