US: Campbells completes Bolthouse Farms acquisition
Denise Morrison, Campbell's President and Chief Executive Officer, said, "We have acquired a terrific business that is a good strategic fit with Campbell's existing portfolio and growth strategies. Bolthouse Farms has exceptional employees and fantastic products. This gives Campbell one of the leading positions in both the fast-growing packaged fresh food market and in healthy beverages and provides us with an opportunity to expand into adjacent segments that leverage exciting consumer trends."
Campbell will operate Bolthouse as a separate business unit. Members of Bolthouse Farm's senior management team will continue to lead the business, with Jeff Dunn, President, Bolthouse Farms, reporting directly to Morrison.
Source: mfrtech.com
