They have a great, fresh flavor and are significantly better for you than traditional creamy dressings. BAKERSFIELD, Calif., April 05, 2022 (GLOBE NEWSWIRE) -- Bolthouse Farms, one of the largest carrot growers and distributors in the U.S. and the popular brand behind delicious juices,. Those familiar with the deal say it could be finalized as soon as this week. [14], In response, Bolthouse Farms said the people may have failed to properly refrigerate the products. Bolthouse Farms, he became President of Bolthouse Properties. The patient in Florida was last reported to be unresponsive since mid-September 2006. [9], In 2020, Bolthouse Farms first cured and sold carrots to be grilled as carrot hot dogs. Sandra began her career as a Project Assistant for a large solar preservation project. The company will give $500 in cash for full time hourly workers who have been vaccinated. Yvonne joined Bolthouse Properties in September 2017, with 15 years of management experience. "We were able to buy it at a pretty effective price and get in there and kind of remediate some of the challenges associated with the wrong strategy.". Dunn said Campbell Soup moved too slowly in its decision making with Bolthouse, and in trying to minimize risk,ended up stifling innovation at the fresh-focused brand. After prices more than doubled over the past year, producers are grappling with the impact of the virus while politicians and activists call for investigations into potential price gouging. [4] At that point he expanded it and began to concentrate on the production and distribution of carrots. Brad has over 20 years of experience in investing capital at two family offices in Wichita, Kansas. Several companies bought big into the once-promising segment, but the governmentsdecision not to permit the ingredient in food and beverages has left producers unwilling to invest further. She is mother to two young daughters and a high school age son. The grill-ready carrots are labeled Carrot Dogs and sold in 8 packs. At Bolt Farm Treehouse, we provide an unforgettable, luxury, nature-immersive travel experience so that you leave the mountain feeling on-top-of-the-world. [1] In April 2019, Bolthouse Farms again fell in the hands of a private equity firm when it was bought from Campbell by an affiliate of Butterfly Equity for US$510 million. Austin joined Bolthouse Properties in 2020, bringing experience in analyzing financial statements and creating tax documents. Dunn. Our story begins in 1915 in Grant, Michigan where the Bolthouse family started farming vegetables. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. !, Its like being in a real-life fairytale!, This is the most magical creation! Los Angeles-based private equity firm Butterfly signed a definitive agreement today to acquire Bolthouse Farms from Campbell Soup Company for $510 million in cash roughly $1 billion less than what the soup conglomerate paid when it acquired the 104-year-old food and beverage brand in 2012. "There was no synergy with the core Campbell's (shelf-stable) business and it was an outlier.". In July of 2001, Tony joined Wm. A visionary land developer, Steve was one of the original three employees of Bolthouse Properties, LLC, and an inherent part of the fabric of Bolthouse Properties, LLC. Bolthouse Farms is Butterflys most recent investment within its seed Keep your immune system in check before the sniffles start with 500% Daily Value Vitamin C and Turmeric. She relocated to Spokane, Washington and continued her work in the industry providing bookkeeping and operational support for a wealth management company in Newport Beach, California. Were united by our common goals honoring the legacy of our founders and shaping our communities for the better and we know everyone here brings unique perspectives, talents and experiences to the table. He is responsible for developing financial models for real estate properties, preparation of financial statements, preparation of income tax and corporate reports and the budgeting process. We know how overwhelming it is to find a unique travel experience that leaves you recharged and inspired. 280 calories. Perfect for girls trips, small families, and couples wanting max space & best views. Home Contact Disclaimer, Bolthouse Properties, LLC, 11601 Bolthouse Drive, Suite 200, Bakersfield, CA 93311Phone: 661.323.4005 Fax: 661.323.4006 Email: info@BolthouseProperties.com bolthouseproperties.com, Vice President of Investments, Chief Investment Officer, Director of Operations & Client Services, Chief Compliance Officer, Investment and Compliance Advisor for Investment Management Subsidiary, Director of Agriculture and Natural Resources, Senior Vice President of Development, 2005-2015. focused on developing, manufacturing and marketing proprietary, high As Director of Planning and Land Resources, he is responsible for the planning and entitlement of Bolthouses master plan projects. Contacts. It is located in the San Joaquin Valley of California and is headquartered in Bakersfield, California in Kern County. leader and innovator in produce and plant-based products, said Mr. The Bolthouse Foundation is a separate entity from Bolthouse Farms, and all funding decisions by The Bolthouse Foundation are made solely by the Bolthouse Foundation. BOLTS Carrots We believe making one better choice each day is something we can all do. Austin began his career as a tax accountant at Daniells Phillips Vaughan & Bock where he prepared returns for partnerships, corporations, and non-profit organizations. It also contains 2 grams of protein and 39 grams of carbs (including 2 grams of fiber and 34 grams of sugar), 100 percent DV of vitamin C, 80 percent DV of vitamin D, 4 percent DV of calcium and 4 percent DV of iron. Dustin graduated from Fresno Pacific University with a Bachelors of Arts in Business, with a concentration in Business Management. value-added, natural, healthy products. After prices more than doubled over the past year, producers are grappling with the impact of the virus while politicians and activists call for investigations into potential price gouging. food value chain from "seed to fork" via four target verticals: Bolthouse Farms, founded 1915 in Grant, Michigan, is a vertically integrated farm company specializing in refrigerated beverages. It is located in the San Joaquin Valley of California and is headquartered in Bakersfield, California in Kern County. Founded in 1915, Bolthouse Farms is one of the world s largest carrot operations that grows and distributes a variety of fruit and vegetable products. Today we are excited to formally join Bolthouse Farms on its mission of Let Food Dive's free newsletter keep you informed, straight from your inbox. Since it was purchased in 2012, Bolthouse Farms a maker of carrots, smoothies, juices and dressings has faced weather challenges and a voluntary recall due to spoilage. In 1996, she joined the administrative department of a large, local public accounting firm and advanced to the position of Controller. & Company310-788-2850anitamarie@sitrick.comterry_fahn@sitrick.com, Internet Explorer presents a security risk. This position will report to the: Supervisor. LOS ANGELES Butterfly Equity, a private equity firm focused on the food sector, has agreed to acquire Bolthouse Farms from Campbell Soup Co. for $510 million in cash. Bolthouse Farms is a company that produces fruit juices, smoothies, and other beverages. [19], "Family Puts Company on Auction Block" by Dick Lehnert, Produce Processing Magazine, June 2005, "After 90 years of operations, Bolthouse Farms will close original Grant facility" by Jordan Travis. Prosser, Washington. Apply for a Wm Bolthouse Farms Inc Sr Machine Operator - 3rd Shift job in Rancho Cucamonga, CA. Dunn. Bolthouse Farms, Inc. Based in California, Bolthouse Farms produces plant-based milks, juices, protein drinks, salad dressings, and baby carrots. . From its beginnings in 1915, Bolthouse Farms, headquartered in California, has been known for quality and innovation. He is responsible for tenant billing, financial reporting, and lease administration for our commercial properties. sourcing transactions, and leveraging an operations-focused and His experience includes land-use planning, environmental review and working with geographic information systems (GIS) to aid in geospatial data management. Most recently, he served as Senior Vice President of Development for the Nicklaus Companies, facilitating the development of high-end master-planned golf and real estate developments in strategic locations internationally. UPDATE: April 12, 2019: Campbell Soup Co. announced it would sell its Bolthouse Farms business to an affiliate of private equity firm Butterfly Equity for $510 million. Search Contacts. Sandra and her husband, Mark, are the parents of three sons and one daughter. Bolthouse Farms Dressing , Chunky Blue Cheese Creamy Yogurt Dressing, 12 fl. Perfect for friends & families. The company has changed ownership and leadership throughout. Brett joined Bolthouse Properties in 2017 with over 25 years of experience in information technology. Her responsibility is to assist our Contract and Lease Administrator with commercial and land development projects. Her role included the budget management of large-scale projects. 1 premium refrigerated beverage brand in U.S. retail. Fred has worked for Bolthouse Properties and its investment management subsidiary since April 2004. He relocated from Beijing, China, where he was the project director managing the turnkey development of the Nicklaus Club Beijing. The company operates facilities in Prosser, Washington. Bolthouse Farms, founded 1915 in Grant, Michigan, is a vertically integrated farm company specializing in refrigerated beverages. ET, Webinar Marion brings over 30 years experience in bookkeeping, payroll and employee benefits to Bolthouse Properties. Brian has a Bachelor of Science and an MBA from California State University, Bakersfield. Private equity firm Madison Dearborn Partners then owned Bolthouse from 2005 to 2012. That's why we're committed to creating healthier products that help people trade up from the alternative. Even the leftover carrot tops are used as fertilizer in the fields. Bolthouse Farms has released its food and beverage trends for 2022, which includes dips such as the company's Classic Ranch Dressing. Jeff Dunn was CEO of Bolthouse Farms for five years before its private equity owner sold the maker of fresh carrots and refrigerated juices in 2012 for $1.55 billion to Campbell Soup. Jeff holds a Bachelor of Business Administration from the University of San Diego. The company then grows,processes and packages the food that gets sent to stores. For more than a century, Bolthouse Farms has been known as the innovation leader in growing and distributing carrots and high-quality, innovative branded products. agriculture & aquaculture, food & beverage products, food distribution He accomplished much as a professional engineer/land developer all while being a devoted husband, father to his three children and new grandfather. | 2 p.m. LIMITEDTIME: Booking 2-Night Weekends in January & February. The Bolthouse Farms, where he previously served as President and CEO from Julie began her law career in 1972 at a law firm in her hometown of Delano, California. Butterfly Equity ("Butterfly") is a Los Angeles, California based We use He was previously the Vice President of Agricultural Operations at Wm. With Dunn still at the helm, Bolthouse became a part of Campbells Fresh Division. Brad is also responsible for the management of agricultural land holdings and natural resources. Meet the founders behind the hottest new brands. As pressure from activist investor Daniel Loeb hovers, Campbell is looking to find even more cash flow to turn things around for shareholders. Based in Bakersfield,. Steven joined Bolthouse Properties in 2016, bringing over 20 years of experience in accounting and finance. Campbell was hoping for $3 billion in order to significantly pay down its debt. "It was probably just the wrong marriage. All Rights Reserved. Bolthouse Farms full-time as Vice President and General Counsel while also assuming the responsibility of managing the Bolthouse Family Office. The company operates some facilities in Prosser, Washington. Bolthouse announced last month it would launch 25 new products that will be ready for sale next spring,both brand-new items and line extensions of existing offerings. It offers carrots for processors in the Midwest, as well as serves chain stores and supermarkets. She is responsible for assisting the President and Vice President of Development with land development projects, contracts, sales, coordinating with attorneys, brokers and other professionals on their behalf, scheduling and calendaring key transaction dates and providing other administrative support as needed. She began her career in Bakersfield in 1989 with DeWalt Corporation, working on residential and commercial development projects. Topics covered: manufacturing, packaging, new products, R&D, and much more. Our process is designed to make use of the whole carrot. Dunn said the company plans to roll out the CBD drinks under a new brand name rather than the Bolthouse banner that will help to better define the product, part of a broader "house of brands strategy" for the company. Brett began his career working for Standard Register as an electronic forms handling technician and then spent 22 years at Lightspeed Systems as a Senior Network Administrator as well as having his own consulting business before joining Bolthouse Properties. Travel Requirement: None. After moving to Bakersfield, she took a position at Valley Republic Bank as a Relationship Specialist. "It was probably just the wrong marriage. Since it was purchased in 2012, BolthouseFarms a maker of carrots, smoothies, juices and dressings has faced weather challengesand a voluntary recalldue to spoilage. Huckaby is a member of the California State Board of Food and Agriculture (CDFA), the United Fresh Produce Association Board of Directors, the College of Agriculture Advisory Council at California Polytechnic State University, San Luis Obispo and a past . Sort by: relevance - date. ET. As Director of Agriculture and Natural Resources, he is responsible for the management of agricultural holdings and natural resources as well as coordinating other real estate assets. He serves on the Investment Committee. sold the maker of fresh carrots and refrigerated juices in 2012 for $1.55 billion to Campbell Soup. While these are great brands and solid businesses, they do not fit with our new strategic direction and we believe they will be of greater value to new owners who are focused on these categories and geographies, McLoughlin told investors. Bolthouse Farms BOLTS Immunity. He will be helping clients of Bolthouse Investment Management Services regarding their financial planning and investment management goals. Campbell Soup Co said on Friday it would sell its Bolthouse Farms business to an affiliate of private equity firm Butterfly Equity for $510 million, in the U.S. food company's first major sale as . His son William J. took over in 1985 upon his retirement. Her responsibility is to support the Vice President of Investments and the Accounting Manager with the operations of the investment management subsidiary. Bolthouse Farms Select from the items below to see availability and pricing for your selected store. Anders obtained a Bachelor of Science in Business Administration with a concentration in Finance while being a student-athlete at San Jose State University. Even when partnered with Garden Fresh in Campbell Soups Fresh Division, there was nothing but strife for the brand. Prior joining Bolthouse Properties, he worked for nine years with Morgan Stanley as a Financial Advisor. In 1982, she started a 21-year working relationship with Kenneth W. Kind, Attorney at Law, specializing in contract and real estate law. He declined to comment on his stance on same-sex marriage. Prior to joining Bolthouse, he spent over 13 years advising clients on their investment, insurance, and financial planning needs. Subscribe to the Food Dive free daily newsletter, Subscribe to Food Dive for top news, trends & analysis. replenish organic matter and nurture the roots. $15.00 - $24.78; Full-time; Rancho cucamonga, CA 91739; Apply Now . The company also provides products under the SHORTCUTS and Bolthouse Do Brasil brands. He is also responsible for managing construction, renovation, and maintenance of all company projects and buildings, including coordinating with contractors, vendors and tenants. Online: "Campbell Soup to Buy Bolthouse Farms for $1.55 Billion", "Butterfly Buys Bolthouse Farms From Campbell's for $510M", "Butterfly Completes Acquisition of Bolthouse Farms from Campbell Soup Company for $510 million", "One CEO Dangles $500 Bonus for Workers to Get Covid-19 Vaccinations", "Having Trouble Getting the Covid Vaccine? Use BOLTS15 at checkout and get 15% off your first order. Erin joined Bolthouse Properties in 2015, with 8 years of experience in accounting for residential and land development projects. He is happily married to his wife, Katie. Steves attention to detail, critical eye, intellect, passion, and enthusiasm were displayed in every aspect of his work. Bruce has 30 years of experience in the development and construction industry experience, which began with an emphasis in homebuilding within master-planned communities in California. The additional cash flow from the sale will also allow the soup mogul to pay down a good portion of the debt it took on to purchase the snack company. Most recently Rebekah was overseeing operations at multiple branches as an Assistant Operations Supervisor. These could launch in California next year, where Bolthouse has a plant, if the state passes legislation allowing for retail sales of CBD products. Fred has more than 11 years of experience in the investment management industry. Topics covered: R&D, flavor trends, health & nutrition, scientific discoveries, new ingredients, and much more. All Rights Reserved. It just wasn't a natural fit. Wm. She has over 20 years of administrative, operational, and accounting experience in the investment management industry. And in order to make these delicious, healthy drinks, Bolthouse Farms went to the one place it understood: The Land. Brad and his wife Ronda have two children. Prior to Berexco, Brad was the President and Chief Investment Officer of Flagstone Investments where he managed the investment portfolio for the Coleman family and a select group of friends. In November, 2015, Steve DeBranch, Bolthouse Properties, LLCs Senior Vice-President of Development, returned home to his Heavenly Father after a long, courageous battle with pancreatic cancer. Bolthouse Farms is the firms first foray into the CPG space. While there is growing competition in the fresh food space, Bolthouse "has the scale to compete with anybody," Dunn said. On October 9, 2008, CAH campaign manager Fred Karger issued a statement saying that the "Don't Buy Bolthouse" campaign had ended. [8] The campaign mimicked tactics typically employed by snack food marketers, including snack-food-like packaging; futuristic, sexual, and extreme sports-themed TV commercials; carrot vending machines in schools; and an iPhone game and website. 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Ridding the company of this acquisition will likely set a fresh stage for new CEO Mark Clouse,who assumed his role in January. View Steven graduated cum laude from Regent University with a Bachelor of Science in Business and from Grand Canyon University with a Master of Business Administration, where he was inducted into the Delta Mu Delta business honor society. A trained civil engineer and proud Cal Poly alumni, Steve worked for over 35 years in land development in Bakersfield. Joe and his wife, Danielle, have one daughter and one son. Bolthouse Farms has 2 current employee profiles, including Chief Customer Officer Phil Kooy. I have finished the race, and I have remained faithful., 2023 Bolthouse Properties. Six months before the deal even closed, Dunn, who was reinstalled as CEO,and his team started working on developing new products to get to market to showcase in time for retailers to consider when they decide what to carry in 2020. View contact profiles from Bolthouse Farms Popular Searches Bolthouse Farms Fred is also active in the Bolthouse family's philanthropic activities. A Bolthouse Farms juice cleanse using . Enjoy elevated quality time in our new mountainside Mirror Cabins that reflect nature - the first of their kind in the United States! Andre Radandt, Bolthouse Farms' chairman of the board, said people who buy Bolthouse products should know that "no penny of profit from that is going to go to fighting gay marriage." Radandt, who is married to Bolthouse's daughter Lisa, said the two are a minority owner of Bolthouse Farms. continued leading the business for Campbell Soup Company from 2012 until Overtime. During his time there, he worked on both the purchase and refinance sides of the business.