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Campbell completes sale of Bolthouse Farms

Butterfly Equity affiliate is new owner

Campbell Soup logo
Campbell Soup logo

Campbell Soup Company has sold Bolthouse Farms to an affiliate of Butterfly Equity, a Los Angeles-based private equity firm. The purchase price was $510 million, subject to customary adjustments. The sale marks the completion of the divestiture of the Campbell Fresh division.

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Special Report: Essential tools for effective sanitation
Today’s food processors are faced with an ongoing labor shortage and pressure to increase production to meet market demands. That means less downtime for cleaning while adhering to strict food safety guidelines. How can a manufacturer overcome these hurdles to stay profitable?
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