date:Oct 11, 2018
big part of the problem. In 2012, the company purchased chilled drink, salad dressing, and carrot marketer Bolthouse Farms for $1.55 billion. But Bolthouse proved to be a drag on operations.
Earlier this year, Campbell Soup announced its intention to reverse course and move away from fresh and refrigerated foods, putting Bolthouse Foods on the block as well as Garden Fresh Gourmet, a hummus and salsa maker that Campbell acquired in 2015.
Campbell spent huge amounts of time, effort and money tr