Campbell Soup to Buy Bolthouse Farms

CAMDEN, N.J. — Campbell Soup Co. said Monday it has agreed to acquire Bolthouse Farms, a maker of health-focused refrigerated beverages, salad dressings and other products, for $1.55 billion in cash.

Bolthouse, based in Bakersfield, Calif., is currently owned by Madison Dearborn Partners, a private equity firm. The vertically integrated company had sales of $689 million for the fiscal year that ended March 31, and compound annual net sales growth of 7% from

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