Based in California, Bolthouse Farms produces plant-based milks, juices, protein drinks, salad dressings, and baby carrots. Fred graduated from University of California, Santa Barbara with a Bachelor of Arts and from University of California, Los Angeles with a Masters of Business Administration. Bolthouse Farms BOLTS Immunity. Prior to joining Bolthouse, Joe interned for the fixed income division of the California Public Employees Retirement System (CalPERS) in Sacramento and at the Charles Schwab Center for Financial Research in San Francisco. We hope to see you this year!Reservations book up fast, get yours today. Fred has more than 11 years of experience in the investment management industry. It has been speculated that Bolthouse Properties LLC owns the land that Bolthouse Farms uses to grow crops. I have finished the race, and I have remained faithful., 2023 Bolthouse Properties. value-added, natural, healthy products. There was no synergy with the core Campbell's (shelf-stable) business and it was an outlier.". 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? Selling the smoothies and carrots to former CEO Dunn might be exactly what it needs to get back on its feet. [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. Bolthouse Farms Inc. Madison Dearborn Partners will begin buying out Bolthouse shareholders who want to exit. [13], The warning and the recalls were due to reported cases of consumption of the beverages resulting in six cases of botulism in the United States and Canada. Bolthouse Farms is somewhat unique among food companies for employing several types of employees: agricultural, manufacturing, warehousing and logistics, sales, and administrative office staff.. "It's hard for a single brand to carry all the spaces we're talking about.". It shut down all Michigan operations in June 2010. Bolthouse Farms is a vertically integrated food and beverage company All Rights Reserved. She is responsible for providing administrative support to the senior officers. [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. Founded in 1915, Bolthouse Farms has built a health conscious legacy founded on carrots, expanding to drinks, dressings and beyond. Our process is designed to make use of the whole carrot. Owner Operators Truck Driver. LIMITEDTIME: Booking 2-Night Weekends in January & February. Butterfly aims to generate attractive investment She has over 20 years of administrative, operational, and accounting experience in the investment management industry. Jeff has over 16 years of experience in residential development and homebuilding. 1915-2023. Midwest with a reputation for 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. In July of 2001, Tony joined Wm. 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. Bolthouse Farms, where he previously served as President and CEO from 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. Dustin graduated from Fresno Pacific University with a Bachelors of Arts in Business, with a concentration in Business Management. 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. 12 fl oz. Marion brings over 30 years experience in bookkeeping, payroll and employee benefits to Bolthouse Properties. Already, this strategy has proved to be a bright spot for the company. In 1982, she started a 21-year working relationship with Kenneth W. Kind, Attorney at Law, specializing in contract and real estate law. 170 calories. Joe and his wife, Danielle, have one daughter and one son. He also held positions in finance and general management. state-of-the-art carrot and beverage processing facility. Private equity firm Madison Dearborn Partners owned Bolthouse from 2005 to 2012, when it was bought by the Campbell Soup Company for US$1.55 billion. The Bolthouse Farms PFAS class action lawsuit is Gwendolyn Smith v. Wm. It just wasn't a natural fit. We use Pay Range: $20.00 - $25.00. It is just a magical place and the definition of a getaway. Derek graduated from Colorado State University with a Bachelor of Science and a Master of Business Administration in Agricultural Business and Economics. and foodservice. 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 . To grow Bolthouse as a company, Dunn also plans to employ M&A to purchase existing brands. 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,. Nancy graduated from California Polytechnic State University at San Luis Obispo with a degree in Crop Science. Nancy and her husband, Keith, are parents of three adult sons. Bolt Farm Treehouse, you are, per usual, magic.. It stayed in family hands until shortly after the death of William Herman in 2004 at age 89. 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. 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. 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. At Bolthouse Properties, were a family. Fred has worked for Bolthouse Properties and its investment management subsidiary since April 2004. Lately, Bolthouse farms appears to have entered into some kind of price and packaging war with Naked - often sharing shelf space (in Shaws, Star Market, and Whole Foods) and priced nearly identically. No members of The Bolthouse Foundation have a financial interest in Bolthouse Farms, and The Bolthouse Foundation receives neither financial support nor benefits from the profits of Bolthouse Farms. Dunn. Brad joined Bolthouse Properties in 2014, bringing experience in regional and urban planning to the company. With a century worth of roots in carrot farming, we wake up early every morning to work hard and deliver on that promise. Private equity firm Madison Dearborn Partners then owned Bolthouse from 2005 to 2012. 2 tbsp (30g) 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. Her role included the budget management of large-scale projects. 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. Austin joined Bolthouse Properties in 2020, bringing experience in analyzing financial statements and creating tax documents. Tony has worked with the Bolthouse family for over 40 years. The state of California's website doesn't offer any information on what this shadowy 3rd Bolthouse holding does or who owns it. 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. [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. 1 premium refrigerated beverage brand in U.S. retail. These could launch in California next year, where Bolthouse has a plant, if the state passes legislation allowing for retail sales of CBD products. Kari has worked for Bolthouse Properties and its investment management subsidiary since 2005. LOS ANGELES--(BUSINESS WIRE)--Butterfly, a Los Angeles-based private equity firm specializing in the All Rights Reserved. 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. Popular "better-for-you" beverage company Bolthouse Farms started off 2023 with a class action lawsuit, after Plaintiff Gwendolyn Smith sued them in the New York federal court for reportedly . Brad is also responsible for the management of agricultural land holdings and natural resources. Sources familiar with the deal told the Journal that the sale price will be $500 million, a steep drop from the $1.55 billion Campbell paid for the brand in 2012. We believe nature is the perfect setting to recharge your spirit, enjoy a slower pace, and lose track of time reconnecting with your people. Thank YOU for supporting our dream of building nature retreats in the most beautiful places on Earth! Bolthouse Farms is a company that produces fruit juices, smoothies, and other beverages. When Campbell Soup announced it would divest its fresh foods divisionin 2018, it quickly piqued the attention of a food executive who was more than familiar with one of its key brands. Through his intellect, leadership and foresight he was instrumental in shaping who we are today and who we will be well into the future. Topics covered: manufacturing, packaging, new products, R&D, and much more. Butterfly Equity ("Butterfly") is a Los Angeles, California based In 1996, she joined the administrative department of a large, local public accounting firm and advanced to the position of Controller. His responsibilities include managing and investing company financial resources, accounting and financial reporting, and human resources and benefits. 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. 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. "We have a big platform that you could plug into smaller more entrepreneurial brands into, so well be more open to innovation that way. Campbell was hoping for $3 billion in order to significantly pay down its debt. We cant wait to get started.. announced acquisition of Bolthouse Farms from Campbell Soup Company New Honeymoon Treehouses!Now Booking for 2023, Trust me, yall have to put this on your travel bucket list ASAP! Following the sale of the farming operations, Bolthouse retained ownership of over 20,000 acres of land, thereby forming Bolthouse Properties. Rebekah Curran joined the investments management subsidiary of Bolthouse Properties in 2022 as an Operations Specialist. Kath graduated from California Polytechnic State University, San Luis Obispo with a degree in Civil Engineering and is licensed as both a Civil Engineer and a Professional Land Surveyor in the California. | 11 a.m. 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. Austin graduated from California State University, Bakersfield with a Bachelor of Science in Business Administration with a concentration in Accounting. Brian has over 20 years of experience in accounting and financial management. "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.". | 2 p.m. We can be very synergistic. Add to cart. Job Department. The division of Bolthouse Farms and The Bolthouse Foundation became evident in October 2008 when an article in the Los Angeles Times[18] announced that the boycott of Bolthouse Farms had ended. Nutrition Facts. A Bolthouse Farms juice cleanse using . Bill Levisay. As pressure from activist investor Daniel Loeb hovers, Campbell is looking to find even more cash flow to turn things around for shareholders. Shaun Harris joined Bolthouse Properties in 2021 as a Property Accountant, bringing over 14 years of experience in billing, financial reporting, and customer service. 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. 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. He and his wife Lauren have twin boys and a daughter. continued leading the business for Campbell Soup Company from 2012 until It is located in the San Joaquin Valley of California and is headquartered in Bakersfield, California in Kern County. Bruce and his wife, Nayree, have two adult sons. 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