Butterfly agrees to buy Bolthouse Farms from Campbell Soup for $510 mln
Butterfly Equity agreed to buy Bolthouse Farms, which focuses on making healthy products, from Campbell Soup Co. for $510 million in cash. Bolthouse is Butterfly's fourth investment in food across agriculture, aquaculture, food and beverage products, food distribution and food service. Butterfly operating partner Jeff Dunn will take on the role of Bolthouse's chief executive officer, where he previously worked as president and CEO from 2008 to 2012, when it was acquired by Campbell Soup.
12 April 2019•3 mins read
