It is now losing money. Company showcases new meat snacks, seeds, popcorn, sweets and more at the online NACS show. Headquartered in Bakersfield, Calif., Bolthouse Farms has nearly 100 years of farming expertise and innovation. Bolthouse Farms General Information Description. He continued to lead Bolthouse Farms for Campbell Soup Co. as president of the Campbell Fresh division until his departure from the company in 2016. Butterfly's other Co-Founder, Adam Waglay, added, “We are thrilled to partner with a vertically-integrated produce and fresh food leader with a history as rich as Bolthouse Farms, and we believe the company’s future is very bright especially given the continued rise of plant-based food in the diet of today’s consumer.". Bolthouse was founded by William Herman Bolthouse, who died a year ago at age 89. The company also makes a line of Bolthouse Farms-branded salad dressings. Bolthouse Farms is owned by Campbell Soup Co. Upon completion of the sale, Campbell Soup Co. will have divested its entire Campbell Fresh division as part of previously announced plans to streamline operations. Private equity firm Butterfly announced today that it has signed a definitive agreement to acquire the former Campbell Soup Company-owned fresh food supplier for $510 million in cash. “Bolthouse Farms holds a special place in the produce industry and my team and I are deeply committed to strengthening and broadening Bolthouse Farms’ unique legacy,” said Dunn. Campbell Soup Co. has reached an agreement to sell Bolthouse Farms for $510 million, the California carrot and refrigerated beverage producer that it bought in 2012 for $1.55 billion. The company's president is Andre Radandt. “We are proud to support Bolthouse Farms in further bolstering its strong positioning within fresh carrots and chilled premium beverages, and are excited to back a group of seasoned operators as passionate about produce as Jeff and his team to lead what is already a strong organization,” said Dustin Beck, Butterfly’s Co-Founder. Mr. Dunn will again assume the role of c.e.o. simple meals business, Nestle to sell North America pasta business to private equity firm, Smucker to sell U.S. baking business to private equity firm, Tyson Foods to sell pizza crust business to private equity firm, Plant-based oils and fats: Selecting the right one for your plant-based meat application, Dow index closes above 30,000 points for first time, Slideshow: New products from Nestle, General Mills, LesserEvil, Ten trends emerging in the aftermath of COVID-19. “We can’t wait to get started.”. With a century worth of roots in carrot farming, we wake … Bolthouse Farms provides agricultural operations. LOS ANGELES, CA - Bolthouse Farms is officially under a new company, after months on the market.Private equity firm Butterfly announced today that it has signed a definitive agreement to acquire the formerly Campbell Soup Company-owned fresh food supplier for $510 million in cash. The Campbell Fresh business unit had net sales of $970 million in 2018. Campbell Soup Co. is coming to the end of final talks to sell its Bolthouse Farms brand to an investor group headed by its former CEO Jeff Dunn, according to The Wall Street Journal and CNBC. 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