Bolthouse Farms is Butterfly’s fourth investment within its “seed-to-fork” approach.
April 19, 2019
Butterfly, a Los Angeles-based private equity firm specializing in the food sector, signed a definitive agreement to acquire Bolthouse Farms, Bakersfield, Calif., from Campbell Soup Co., Camden, N.J., for $510 million.
Garden Fresh Gourmet makes, sells and distributes hummus, dips and tortilla chips under the Garden Fresh Gourmet brand as well as private label products.
February 27, 2019
Campbell Soup Co., Camden, N.J., signed a definitive agreement to sell Garden Fresh Gourmet, Ferndale, Mich., to an affiliate of Fountain of Health USA.
Campbell will create a new Accelerator unit to continue to expand in faster-growing spaces and invest in high-growth areas.
April 6, 2018
Campbell Soup Co., Camden, N.J., announced a strategic reorganization designed to better position the company to capitalize on the rapidly changing food industry landscape, while more closely aligning the business with the company’s three growth strategies.