date:Aug 07, 2012
The acquisition is a part of the company's strategy to strengthen its presence in the rapidly growing packaged fresh foods market.
Campbell funded the acquisition through a combination of short- and long-term borrowings.
Headquartered in Bakersfield, California, Bolthouse markets and sells beverages and dressings under the Bolthouse Farms brand, and its carrots under the Bolthouse Farms, Earthbound Farms and Green Giant brands. It also offers private label products.
It has leading market positio