Butterfly Separates Bolthouse Farms’ Fresh Produce and Premium Fresh Beverage Businesses
Campbell Soup Company (CPB)
Last campbell soup company earnings: 3/4 07:30 am
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Source: Business Wire
The separation will accelerate value creation and growth, with Bolthouse Fresh Foods specializing in premium fresh carrot production and Generous Brands focusing on premium fresh beverages LOS ANGELES--(BUSINESS WIRE)--Today, Butterfly announced the separation of its portfolio company Bolthouse Farms into two standalone entities: Bolthouse Fresh Foods and Generous Brands. Bolthouse Fresh Foods will carry on the century-old legacy of Bolthouse Farms as a leading supplier of fresh carrots to retailers across North America, with nearly 700 million pounds of carrots sold annually. Generous Brands will encompass the market-leading premium fresh beverage and salad dressing businesses of Bolthouse Farms and Evolution Fresh.Butterfly acquired Bolthouse Farms from Campbell Soup Company (NYSE: CPB) in a carveout transaction in 2019. Butterfly has implemented numerous strategic initiatives that have driven topline growth in excess of 30% while re-establishing the company as a partner of choic
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CPB
Earnings
- 3/6/24 - Beat
CPB
Sec Filings
- 4/16/24 - Form 8-K
- 4/8/24 - Form 4
- 4/4/24 - Form 144
- CPB's page on the SEC website