For seven years, he was Senior Vice President at Castle & Cooke responsible for the companys mainland development operations. 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. The consumer CBD market is estimated to grow to $2.1 billion by 2020 from $202 million in 2015, according to a recent report in the Hemp Business Journal cited by Forbes. Guided by its vision of "Plants Powering People,". Tony graduated from University of the Pacific with a Bachelor of Arts and from McGeorge School of Law, University of the Pacific with a Juris Doctor. He is also a CERTIFIED FINANCIAL PLANNER practitioner. Bolthouse Farms Amazing Mango Fruit Smoothie, 15.2 oz. Thank you! has approximately 2,200 employees and operates facilities in Brad graduated from California Polytechnic State University, San Luis Obispo with a degree in City & Regional Planning. Dunn. Upon moving to Bakersfield in 1974, she worked for the law firm of Rudnick & Arrache. A Chicago-based private equity firm has become part owner of Bakersfield's Wm. 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. Fred has worked for Bolthouse Properties and its investment management subsidiary since April 2004. 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. Find company research, competitor information, contact details & financial data for Bolthouse Farms of Bakersfield, CA. 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. He has also been actively involved in financial and investment management. & Company310-788-2850anitamarie@sitrick.comterry_fahn@sitrick.com, Internet Explorer presents a security risk. He also held positions in finance and general management. 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. VP, Executive Management, Marketing. The state of California's website doesn't offer any information on what this shadowy 3rd Bolthouse holding does or who owns it. 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 . She is responsible for project budgets and contract administration. Bolthouse Farms Superfood Immunity Boost is made with elderberries, cranberries and echinacea to help support a healthy immune system and overall wellness. 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. Bolthouse Farms, founded in 1915 and based in California's San Joaquin Valley, is known for high-quality consumer brands and innovative products. He and his wife, Cari, have two children. As 2nd Timothy declares, Steve can now say I have fought the good fight. All Rights Reserved. It is just a magical place and the definition of a getaway. 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 . As the company grows and expands into new areas, different brand names will be used to highlight particular traits, rather than everything being lumped under the Bolthouse umbrella. THE ROLE: Bolthouse Farms is seeking a Lift Truck Operator in the Hodgkins, IL. Prosser, Washington. Marion and her husband, Chris, are the parents of three daughters and one son, and they have four grandchildren. Bolthouse Farms Inc. Madison Dearborn Partners will begin buying out Bolthouse shareholders who want to exit. The Bolthouse Foundation is a religious charity funding evangelical causes. To ensure the most secure and best overall experience on our website, we recommend the latest versions of. For seven years, Campbell Soup has been brought down by its Bolthouse Farms brand. 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. Kath previously worked for over four years as Director of Engineering at Castle & Cooke, where she coordinated with civil, surveying and planning consultants for the design, development and construction of both residential and commercial projects. The 1915 Organic Mango smoothie provides 170 calories in each serving of 12 fluid ounces. 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. He fought and survived much longer than most diagnosed with pancreatic cancer so that he could have as much time as possible with his loved ones. Bruce is a California native and graduated from the University of La Verne with a degree in Business and Economics. Shaun Harris joined Bolthouse Properties in 2021 as a Property Accountant, bringing over 14 years of experience in billing, financial reporting, and customer service. 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Libations Expands C-Suite in Hiring Wave, Seven Questions With Director of Specialty Procurement at Baldor, Emily Murphy, GURU Organic Energy Appoints Rajaa Grar as Chief Revenue Officer, Hot Out The Oven! Most likely owner of Bolthouse Properties, LLC? Bolthouse Farms, where he previously served as President and CEO from Who is Bolthouse Farms Headquarters 7200 E Brundage Ln, Bakersfield, California, 93307, United States Phone Number (661) 366-7209 Website www.bolthouse.com Revenue $870.3M Industry Food, Beverages & Tobacco Manufacturing Bolthouse Farms's Social Media Is this data correct? We already cant wait to get back! [16][17] Mr. and Mrs. William J. Bolthouse sold their interest in Wm. Get the free daily newsletter read by industry experts. Since it was purchased in 2012, BolthouseFarms a maker of carrots, smoothies, juices and dressings has faced weather challengesand a voluntary recalldue to spoilage. [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. 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. He also earned the Chartered Financial Analyst (CFA) designation in 2003 and the Chartered Market Technician (CMT) designation in 2010. Marion began her career as a Bookkeeper and Payroll Clerk in the construction industry. Bolthouse Farms Media Contact Marielle Gilbert, Finn Partners BHF@finnpartners.com Phone: 818-915-8484. | 2 p.m. Bolthouse Farms has 2 current employee profiles, including Chief Customer Officer Phil Kooy. Jeff joined Bolthouse Properties in 2019 as the Assistant Vice President. Topics covered: R&D, flavor trends, health & nutrition, scientific discoveries, new ingredients, and much more. leader and innovator in produce and plant-based products, said Mr. 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. Bolthouse Farms. Rebekah Curran joined the investments management subsidiary of Bolthouse Properties in 2022 as an Operations Specialist. 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. So if Dunn can help market the brand to consumers the way he did originally, the deal could be more lucrative for him. Both companies launched the fad 'green juices' at the same time, and even though Bolthouse appears to have the lower sugar, better healthy . We can be very synergistic. Austin joined Bolthouse Properties in 2020, bringing experience in analyzing financial statements and creating tax documents. Anders is responsible for assisting the team with operations, client reporting, and special projects. In 2013, Jeff and his family relocated to Bakersfield to open WPGs central California division office and manage all development operations for the Belcourt Seven Oaks Master Planned Community. Owner Operators Truck Driver. Though the division accounted for $2.1 billion sales 25 percent of Campbells overall revenue the conglomerate had long struggled to turn around its overall declining sales (down 3 percent in the fourth quarter of 2018) and felt the divisions fresh focus was outside its core competency. Kari has a Bachelor of Arts degree in Psychology from Wheaton College in Illinois. He is responsible for general accounting, bookkeeping, and the preparation of financial statements. Jeff has over 16 years of experience in residential development and homebuilding. Nutrition Facts. Our story begins in 1915 in Grant, Michigan where the Bolthouse family started farming vegetables. The company at the same time added carrot fettucine and riced carrots. The His wife, Nancy, worked in Bakersfield for over thirty years as a paralegal. Est. Bolthouse Farms 1915 Organic Smoothie w/ Pear, Coconut Water, Mango, Spinach, Banana & Lime. U.S., along with a strong and growing presence in refrigerated salad Apply online instantly. The company will give $500 in cash for full time hourly workers who have been vaccinated. agriculture & aquaculture, food & beverage products, food distribution flavor and quality. She also provided accounting support for a local dairy. Following the sale of the farming operations, Bolthouse retained ownership of over 20,000 acres of land, thereby forming Bolthouse Properties. The grill-ready carrots are labeled Carrot Dogs and sold in 8 packs. He never complained, never lost hope, never stopped smiling and never lost his positive attitude. Parth Raval, the division's chief growth officer, said the CPG giant is exploring different ingredients, packaging formats and flavor offerings to strengthen its dominant presence in the category. Steven began his career working on accounting teams assigned to the production of films. [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. Yvonne began her career as a Front Office Medical Assistant for Patrick Leung M.D in 2005. Yvonne joined Bolthouse Properties in September 2017, with 15 years of management experience. Founded in 1915 and based in Bakersfield, CA and Santa Monica, CA, Bolthouse Farms is a vertically integrated food and beverage company focused on developing, manufacturing and marketing. She began her career in Bakersfield in 1989 with DeWalt Corporation, working on residential and commercial development projects. He serves on the Investment Committee. Dan joined Bolthouse Properties in 2019 as its Vice President and General Counsel, and serves as part of the companys executive team participating and overseeing all aspects of the Companys business. Bolthouse Farms saw a drop in its refrigerated beverage sales, which were partly offset by a gain in carrots. Type: Company - Private. Theater of popular music. Her responsibility is to support the Vice President of Investments and the Accounting Manager with the operations of the investment management subsidiary. The partners (employees) that support the business will also transition to Bolthouse Farms upon close of the transaction. He has talked to private equity funds to help raise money to fund that bid, the people say.. Private equity firm Madison Dearborn Partners then owned Bolthouse from 2005 to 2012. It just wasn't a natural fit. Dunn continued to run Campbell Soup's fresh unit, which grew to include hummus, dips and tortilla maker Garden Fresh Gourmet. Starbucks (NASDAQ: SBUX) and Bolthouse Farms today announced entry into a definitive agreement for Bolthouse Farms to acquire the brand and business of Evolution Fresh. All Rights Reserved. In its second-quarter earnings reportin February,Campbell Soup reported a loss due to a $346 million write down of its Fresh Division. Bolthouse Farms, founded 1915 in Grant, Michigan, is a vertically integrated farm company specializing in refrigerated beverages. Bolthouse Farms refreshed their Logo and Packaging #brandthechange #btc #branding #visualidentity #brandstrategy #rebranding #business #logo Liked by Mario Martinez Always enjoyable when . 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. . She and her husband, Jason, are parents to two young daughters. Online: "Toxic carrot juice paralyzes 2 in Toronto" CBC News, Monday, October 9, 2006. Austin graduated from California State University, Bakersfield with a Bachelor of Science in Business Administration with a concentration in Accounting. After six years in the motion picture industry he worked as a Controller for 13 years and as an Accounting Manager for two years. In February, Campbell Soup sold its Garden Fresh Gourmet brandto an affiliate of Fountain of Health USA. Add to cart. She is responsible for civil site design, project management and inspection of improvement projects. Founded in 1915, Bolthouse Farms has built a health conscious legacy founded on carrots, expanding to drinks, dressings and beyond. 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. 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 . Based in California, Bolthouse Farms produces plant-based milks, juices, protein drinks, salad dressings, and baby carrots. Steves attention to detail, critical eye, intellect, passion, and enthusiasm were displayed in every aspect of his work. He hired his former head of marketing and his ex-chief of R&D, along with nearly 70 other people who had once worked at Bolthouse and were intimately familiar with the fresh business. Notably more expensive than the traditional shelf-stable varieties, but worth it. country, said Butterfly Co-Founder Adam Waglay. 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Upon moving to Bakersfield in 1990, she began working for Lightspeed Systems and Lightspeed Net, assisting in the accounting department. Overtime. Let Food Dive's free newsletter keep you informed, straight from your inbox. MLive.com, Mar 20, 2010. Based in California, Bolthouse Farms produces plant-based milks, juices, protein drinks, salad dressings, and baby carrots. sold the maker of fresh carrots and refrigerated juices in 2012 for $1.55 billion to Campbell Soup. 1 Count (Pack of 6) 4.1 4.1 out of 5 stars (40) The company also produces a line of organic juices, which are made with certified organic fruits . compost to amend the soil on a regular basis, to 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 It shut down all Michigan operations in June 2010. This position will report to the: Supervisor. Bolthouse Farms is the firms first foray into the CPG space. The farm was originally a "small muck-soil vegetable farm" until 1938 when William Herman Bolthouse took it over from his parents. LIMITEDTIME: Booking 2-Night Weekends in January & February. He left in 2016 to join Butterfly Equity, a private equity firm specializing in the food sector. 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. Our culture of respect, harmony and appreciation brings out the best in each other and our team. Bolthouse Farms has established an Environmental, Social & Governance Hub, which represents a sharpened focus on key issues and will facilitate heightened integration of ESG factors across all parts of the business, positioning the company for rapid growth. [6][7], In September 2010, a marketing initiative was launched by a group of nearly 50 carrot producers led by Bolthouse Farms (calling themselves "A Bunch of Carrot Farmers") sought to promote baby-cut carrots as an alternative to junk food for children. 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. Keep up with the story. 12 Fl Oz (Pack of 1) 4.3 4.3 out of 5 stars (17) Bolthouse Farms Vanilla Chai Latte Tea and Soy Beverage, 450 Milliliter -- 6 per case. The company was founded in 1915 and is headquartered in California. Apr 8, 2021 A company led by Andre Radandt, the former CEO of California beverage company Bolthouse Farms, will tear down a waterfront house in Miami after purchasing it for $11.5 million. technology-driven approach to value creation. Building a better community requires the right expertise and values. From tip to greens, we make sure each inch of the carrot reaches its full potential. Derek graduated from Colorado State University with a Bachelor of Science and a Master of Business Administration in Agricultural Business and Economics. Dan holds a Bachelor of Arts from the University of Oregon and a juris doctorate from the University of the Pacific McGeorge School of Law. [4] At that point he expanded it and began to concentrate on the production and distribution of carrots. On September 29, 2006, the United States Food and Drug Administration (FDA) recommended that Georgia residents not purchase Bolthouse Farms carrot juice and warned consumers not to purchase Bolthouse Farms products stale-dated November 11, 2006, or earlier. Nancy graduated from California Polytechnic State University at San Luis Obispo with a degree in Crop Science. Anders obtained a Bachelor of Science in Business Administration with a concentration in Finance while being a student-athlete at San Jose State University. Dustin joined Bolthouse in 2022 as Director of Financial Planning. 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. However, that may not be going as smoothly. During her 15 years at DeWalt, she continued to advance and took on increasing responsibilities as Project Manager, Project Engineer, Director of Engineering and Vice President. Finally, he remained faithful to his God even when the final outcome didnt provide the complete healing for which we all hoped and prayed. Bolthouse Farms is Butterflys most recent investment within its seed With Dunn still at the helm, Bolthouse became a part of Campbells Fresh Division. 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. PEOPLE. He will be deeply missed but not forgotten. announced acquisition of Bolthouse Farms from Campbell Soup Company Perfect for couples, honeymoons & romantic getaways. 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. Subscribe to Food Dive for top news, trends & analysis, The free newsletter covering the top industry headlines, Pregis Performance Flexibles Facilities Are ISCC PLUS Certified, The Bornk Tuna Sandwich is Back at Erbert & Gerbert's, SimplyV Launches Plant-Based Cream Cheese in the U.S. in Foodservice and Grocery Retail, Green Boy Group opens new office in Chicago led by Thomas Smit, By signing up to receive our newsletter, you agree to our, Webinar Sandra began her career as a Project Assistant for a large solar preservation project. [10][11], In 2003, the U.S. Food and Drug Administration accepted Bolthouse Farms' self-certification that carrot fiber ingredient is generally recognized as safe (GRAS). private equity firm specializing in the food sector, spanning the entire She is responsible for assisting our Contract and Lease Administrator with commercial and land development projects. Buy online by clicking the link in bio. Most recently Rebekah was overseeing operations at multiple branches as an Assistant Operations Supervisor. Campbell Soup quickly saw the pitfalls of a brand dependent on fresh produce and tied to the unpredictability of Mother Nature. He accomplished much as a professional engineer/land developer all while being a devoted husband, father to his three children and new grandfather. Butterfly Equity, a private equity firm specializing in the food sector. Log food: Bolthouse Farms Coconut Keto Protein Beverage. Bolthouse Farms BOLTS Immunity. 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,. positions in fresh carrots and refrigerated premium beverages in the The company also provides products under the SHORTCUTS and Bolthouse Do Brasil brands. At Bolthouse Farms, we believe in making better Butterfly seems to be getting the business for a good deal too, since it is buying the brand a much lower price that what Dunn sold it for years ago. He is responsible for the continuing to grow the value of Bolthouse Properties' real estate investments. We use Bolthouse Farms, Inc. She and her husband, Ben, have two sons. "There was no synergy with the core Campbell's (shelf-stable) business and it was an outlier.". Employment Category: Full time - regular. Search Contacts. Other duties included performing member adjustments and coordinating system upgrades. Prior to joining Bolthouse, he was Sr. Investment Director at Berexco LLC where he managed the familys investment portfolios across a wide range of asset classes, including publicly traded equities and bonds, venture capital, private equity, private debt, hedge funds, and real estate. 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