Nutrition Business Journal
Nutrition Capital Network

Nutrition Capital Network news: Campbell Soup Company to acquire Bolthouse Farms

Nutrition Capital Network facilitates financing and asset sales for growing companies and introduces investors to the next generation of successful brands & technology in the nutrition and health & wellness industries. Below is news from June.

Campbell Soup Company (Camden, N.J.) has agreed to acquire Bolthouse Farms (Bakersfield, Calif.) from a fund managed by Madison Dearborn Partners LLC for $1.55 billion in cash. Founded in 1915, Bolthouse is a vertically integrated food and beverage company focused on packaged fresh foods (notably baby carrots), refrigerated salad dressings, and super-premium juices, including acai juice.

Bolthouse had $689 million in sales last year. Campbell’s canned products are mostly found in supermarket center aisles, and the acquisition is expected to provide a larger presence in the $12-billion market for packaged fresh foods. Bolthouse’s refrigerated beverages together with Campbell’s V8 business will create a healthy beverage platform with annual sales of approximately $1.2 billion, according to Campbell. Bolthouse Farms will be operated as a separate business unit.

Disclaimer: NCN does not warrant the accuracy, reliability, or timeliness of any NCN news item. Before relying on any NCN News item the information should be independently verified.

For more finance and investment information, visit Nutrition Capital Network news.

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