US carrot giant Bolthouse Farms sold to Campbells for a billion pounds

Bolthouse Farms, a major carrot and juice producer in the US, has been bought by Campbell Soup for $1.55 billion (£1bn).

Carrot harvesting - image: Mark Levisay
Carrot harvesting - image: Mark Levisay

Analysts acribe the decision to the canned goods giant wishing to expand in the fresh packaged produce category, which is showing significantly stronger growth than established grocery staples. The Bolthouse brand and its management team will remain in place.

Bolthouse and its California neighbour Grimmway Farms together control around 80 per cent of the US carrot market.


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