Campbell to sell Bolthouse Farms for US$510 million

Reuters — Campbell Soup Co. said on Friday it would sell its Bolthouse Farms business to an affiliate of private equity firm Butterfly Equity for US$510 million, in the U.S. food company’s first major sale as part of its plan to reduce debt. With the completion of deal, expected by July, Campbell will have divested […] Read more

Campbell to shut Toronto soup, broth plant

Campbell Soup Co. will call a halt to all Canadian soup and broth production by mid-2019 when it closes the doors on its Toronto manufacturing plant. The Camden, N.J. company’s Canadian arm announced Wednesday it will close the plant in phases over a period of up to 18 months and move its production to three […] Read more