Campbell finalizes $510M sale of Bolthouse Farms

Campbell Soup Co. has completed its divestiture of the Campbell Fresh division, with the conclusion of its $510 million sale of Bolthouse Farms, it announced this week.

The deal, first announced in April, sends Bolthouse Farms from the Camden-based food company to Butterfly Equity, a Los Angeles-based private equity firm.

Among other parts of the divestiture, Campbell sold its Garden Fresh Gourmet salsa line and a refrigerated soup plant.

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