Butterfly Separates Bolthouse Farms' Fresh Produce and Premium Fresh Beverage Businesses [Yahoo! Finance]
The Kraft Heinz Company (KHC)
Last the kraft heinz company earnings: 4/30 07:05 am
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Source: Yahoo! Finance
LOS ANGELES, May 06, 2024 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 choice to produce departments across North America. Bolthouse Farms also acquired Evolution Fresh from Starbucks in August 2022, uniting two powerhouse beverage brands with complem
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KHC
Earnings
- 5/1/24 - Beat
KHC
Sec Filings
- 5/8/24 - Form 4
- 5/8/24 - Form 8-K
- 5/6/24 - Form 4
- KHC's page on the SEC website