17 Apr 2019 --- The Campbell Soup Company has found a buyer for Bolthouse Farms. Butterfly, a Los Angeles-based private equity firm specializing in the food sector, has signed a definitive agreement to acquire Bolthouse Farms for US$510 million in cash, subject to customary purchase price adjustments. Upon completion of the sale, which is expected around July, Campbell will have divested its entire fresh division. The company says the sale of Bolthouse Farms allows it to better focus on its “iconic brands which have strong market positions.”