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. Jeff has over 16 years of experience in residential development and homebuilding. We cant wait to get started.. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. entered into an agreement to acquire Bolthouse Farms from a fund managed by Madison Dearborn Partners, LLC, a private equity firm, for $1.55 billion in cash. BAKERSFIELD, Calif., March 08, 2022 (GLOBE NEWSWIRE) In order to strengthen its Environmental, Social and Governance (ESG) commitment, and enable progress in building a better, more sustainable world, Bolthouse Farms BB #:111358 today announced that it has established an ESG Hub. 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? [2], In an effort to reduce the costs of preventative safety protocols for COVID-19 infections and to more quickly reach herd immunity within the company, Bolthouse secured vaccine doses from public health officials to be given directly to their workers. The company then grows,processes and packages the food that gets sent to stores. 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. She and her husband, Jason, are parents to two young daughters. While there is growing competition in the fresh food space, Bolthouse "has the scale to compete with anybody," Dunn said. Founded in 1915 and based in Bakersfield, CA and Santa Monica, CA, Add to cart. The . It offers carrots for processors in the Midwest, as well as serves chain stores and supermarkets. Bruce returned to Bakersfield to join Bolthouse Properties as Vice President. For Butterfly:Anita-Marie Laurie and Terry FahnSitrick Marion and her husband, Chris, are the parents of three daughters and one son, and they have four grandchildren. Bolthouse went from posting $100 million in annual revenue in 2012, the year it was acquired, to losing money five years later under Campbell Soup. Dunn continued to run Campbell Soup's fresh unit, which grew to include hummus, dips and tortilla maker Garden Fresh Gourmet. Enjoy elevated quality time in our new mountainside Mirror Cabins that reflect nature - the first of their kind in the United States! Notably more expensive than the traditional shelf-stable varieties, but worth it. 100+ Years: More than 100 years After six years in the motion picture industry he worked as a Controller for 13 years and as an Accounting Manager for two years. Other duties included performing member adjustments and coordinating system upgrades. The company has changed ownership and leadership throughout. Nutrition Facts. 2:23-cv-00373, in the U.S. District Court for the Eastern District of New York. Prior to joining Bolthouse Properties, Derek served as the Head of Agriculture for BMGI Group in Kirkland, Washington, where he was responsible for a portfolio of agricultural assets that included 150,000 acres of land and vertically integrated farming and food processing businesses. Something went wrong while submitting the form. Use BOLTS15 at checkout and get 15% off your first order. Log food: Bolthouse Farms Coconut Keto Protein Beverage. Steve often declared that I am not going to worry until they (his doctors) give me something to worry about. His strength fighting this disease was astounding to those of us who watched as he continued to work in the midst of treatments, exhaustion, sickness and countless trips to Los Angeles. 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. 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,. The ultimate, luxury, nature-immersive travel experience that leaves you feeling on top of the world. In his dual role as IT Manager and Facility Project Manager, he is responsible for managing the information technology systems for the company, assessing risk and related employee training, and supporting technology use. Prosser, Washington. tucson land for sale by ownerNitro Acoustic. 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. technology-driven approach to value creation. Bolthouse Farms BOLTS Immunity. The company The partners (employees) that support the business will also transition to Bolthouse Farms upon close of the transaction. Those familiar with the deal say it could be finalized as soon as this week. Wm Bolthouse Farms Ownership Status Privately Held (backing) Financing Status Private Equity-Backed Primary Industry Cultivation Other Industries Beverages Food Products Primary Office 7200 East Brundage Lane Bakersfield, CA 93307 United States +1 (800) 000-0000 Bolthouse Farms Timeline 2020 2021 2022 2023 1915. Our culture of respect, harmony and appreciation brings out the best in each other and our team. Location: Hodgkins, IL. Brad joined Bolthouse in 2021 as Vice President of Investments, Chief Investment Officer. A Bolthouse Farms juice cleanse using . Extraordinary!, This place is so dreamy, cozy, romantic, and inspiring!, 36 hours on top of the world. According to Campbells most recent second quarter earnings report, released in February, the Campbell Fresh segment saw organic sales decline 7 percent to $239 million, largely due to a drop in refrigerated soup sales. Bill Levisay. dressings. Search Contacts. In August 2018, following the abrupt departure of CEO Denise Morrison earlier that spring, Campbell announced a large scale cost-saving strategy which included shutting down its Fresh Division and putting brands including Bolthouse and salsa brand Garden Fresh Gourmet on the market. Bolthouse Farms holds a special place in the produce industry and my team and I are deeply committed to strengthening and broadening Bolthouse Farms unique legacy, Dunn said in a press release. The company also provides products under the SHORTCUTS and Bolthouse Do Brasil brands. The 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. "As we look to the future and redefine the role Bolthouse Farms plays in our communities, ESG-related factors are critical . Prior to joining Bolthouse Properties, Brad worked for several public agencies including his role as a regional planner for Kern Council of Governments, where he was involved with the completion of the Regional Transportation Plan. 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,. Bolthouse Farms, founded 1915 in Grant, Michigan, is a vertically integrated farm company located in California's San Joaquin Valley and headquartered in Bakersfield, California. FLSA Status: Non-Exempt. begins farming carrots in He is also a CERTIFIED FINANCIAL PLANNER practitioner. Without the unwieldy Fresh Division to worry about, Clouse can get down to brass tacks and help the company focus on its core snacks and soup, which was bolstered by the $4.9 billion acquisition of Snyder's-Lance. Building a better community requires the right expertise and values. From the time of his diagnosis to his final days, Steve continued to work, plan, and train those around him while providing constant inspiration to all of us at Bolthouse Properties, LLC. He left in 2016 to join Butterfly Equity, a private equity firm specializing in the food sector. We are thrilled to partner with a vertically-integrated produce and fresh food leader with a history as rich as Bolthouse Farms, and we believe the companys future is very bright especially given the continued rise of plant-based food in the diet of todays consumer, said Butterfly co-founder Adam Waglay in a press release. 57 jobs. All Rights Reserved. The Bolthouse Foundation is a religious charity funding evangelical causes. The brand is also aiming to innovate carrots in the same way manufacturers have brought new life to cauliflower. [16][17] Mr. and Mrs. William J. Bolthouse sold their interest in Wm. value-added, natural, healthy products. The grill-ready carrots are labeled Carrot Dogs and sold in 8 packs. Anders Davidson joined the investments management subsidiary of Bolthouse Properties in 2021 as an Operations Specialist. At the same time the company has been working to sell off Bolthouse Farms, it is in talks to sell its international business which includes Arnotts and Kelsen biscuit brands. He is also responsible for managing construction, renovation, and maintenance of all company projects and buildings, including coordinating with contractors, vendors and tenants. Her responsibilities include partnership and client accounting, in addition to providing support for the Vice President and Assistant Vice President of Investments and the Accounting Manager. His other accomplishments included his planning and development work on the Riverlakes Ranch project in Northwest Bakersfield and significant contributions to the creation of the West Ming Specific Plan. New Honeymoon Treehouses!Now Booking for 2023, Trust me, yall have to put this on your travel bucket list ASAP! Today we begin the next chapter in Bolthouse Farms' long and Tony and his wife, Dayna, have two adult sons. Prior to becoming President of Bolthouse Properties, Tony was managing partner of the law firm of Clifford & Brown and served as outside general counsel for Wm. food value chain from "seed to fork" via four target verticals: The Bolthouse Farms PFAS class action lawsuit is Gwendolyn Smith v. Wm. And in order to make these delicious, healthy drinks, Bolthouse Farms went to the one place it understood: The Land. 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. 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. Most recently Rebekah was overseeing operations at multiple branches as an Assistant Operations Supervisor. Erin began her career with Castle & Cooke in 2005 as a Purchasing Agent in the Land Development Department, before leaving in 2009 to move with her family to Sacramento. Keep up with the story. Shaun and his wife, Caryn, have three daughters. Bolthouse Farms Amazing Mango Fruit Smoothie, 15.2 oz. Grant, Michigan. Kari has worked for Bolthouse Properties and its investment management subsidiary since 2005. She began her career in Bakersfield in 1989 with DeWalt Corporation, working on residential and commercial development projects. Erin graduated from Point Loma Nazarene University. Bolthouse Farms, Inc. Meet the founders behind the hottest new brands. Sandra and her husband, Mark, are the parents of three sons and one daughter. The sector experienced an operating loss of $14 million in the quarter, compared to an $11 million operating loss in 2018. adjustments. Bakersfield, CA 93307. Bolthouse Farms has 2 current employee profiles, including Chief Customer Officer Phil Kooy. Prior to joining Bolthouse Properties, Brian served as CFO at Lightspeed Systems and Jim Burke Ford in addition to working in local and national nonprofits. Austin began his career as a tax accountant at Daniells Phillips Vaughan & Bock where he prepared returns for partnerships, corporations, and non-profit organizations. " he said. Julie began her law career in 1972 at a law firm in her hometown of Delano, California. [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. today, Butterfly Operating Partner Jeff Dunn assumes the role of CEO of state-of-the-art carrot and beverage processing facility. 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. "There was no synergy with the core Campbell's (shelf-stable) business and it was an outlier.". Austin graduated from California State University, Bakersfield with a Bachelor of Science in Business Administration with a concentration in Accounting. Austin and his wife, Hailey, have one daughter and one son. 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. Bolthouse Farms Select from the items below to see availability and pricing for your selected store. She later managed an Extra Space Storage where she oversaw cap ex projects, property repair, maintenance and leases. With a century worth of roots in carrot farming, we wake up early every morning to work hard and deliver on that promise. Give it a try! 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. Employing more than 2,200 people and headquartered in Bakersfield in California's fertile San Joaquin Valley, Bolthouse Farms is one of the largest carrot growers and . Our team members are among the best and most dedicated experts in the industry, and our commitment to uncompromising integrity and personal responsibility sets us apart. 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. Shaun began his career as a golf course accountant at Castle & Cooke, where he handled billing and financial reporting for three separate golf courses. Bolthouse also is moving into the CBD space with two ready-to-drink beverage lines that contain the ingredient a low sugar and low calorie functional beverage, and a coffee option. Her responsibility is to support the Vice President of Investments and the Accounting Manager with the operations of the investment management subsidiary. Log food: Bolthouse Farms Organic Creamy Caesar Yogurt Dressing. He is responsible for tenant billing, financial reporting, and lease administration for our commercial properties. The deal will return control of Bolthouse to Jeff Dunn, an operating partner at Butterfly who will again assume the chief executive role at Bolthouse upon the deals close. ET, Webinar Sandra joined Bolthouse Properties in 2020, bringing over eight years of experience in budgets and project management. Company Description: Bolthouse Farms is one of the country's largest producers of fresh-cut carrots. Jeff holds a Bachelor of Business Administration from the University of San Diego. Ridding the company of this acquisition will likely set a fresh stage for new CEO Mark Clouse,who assumed his role in January. 4 people found this helpful Helpful Report abuse RoMo Best Ranch I've had! Theater of popular music. The state of California's website doesn't offer any information on what this shadowy 3rd Bolthouse holding does or who owns it. Apply online instantly. A Chicago-based private equity firm has become part owner of Bakersfield's Wm. Her role included the budget management of large-scale projects. 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. A trained civil engineer and proud Cal Poly alumni, Steve worked for over 35 years in land development in Bakersfield. ET. He was instrumental in developing the beautiful master planned community of Seven Oaks, first during his tenure at Castle & Cooke and later at Bolthouse Properties, LLC. Joe graduated from California Institute of Technology with a Bachelor of Science in Chemistry, from University of California, Berkeley with a Master of Science in Chemistry and University of California, Davis with a Master of Business Administration. 1 Count (Pack of 6) 4.1 4.1 out of 5 stars (40) Reached for comment by BevNET, a representative for Butterfly declined to comment further, noting that the transaction has not closed and is still subject to regulatory approvals and price adjustments. The patient in Florida was last reported to be unresponsive since mid-September 2006. In addition, he spent 12 years with Bolthouse Farms in the Accounting department where he started his career. 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