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Campbell nears deal to sell Bolthouse Farms to former executive, capping dalliance in the fresh food aisle

Lauren Hirsch

Campbell is in advanced talks to sell Bolthouse Farms to an investor group led by former its former CEO Jeffrey Dunn, for roughly $500 million, a person familiar with the talks tells CNBC. Campbell paid $1.55 billion for Bolthouse Farms in 2012. Campbell Soup CPB is nearing a deal to sell Bolthouse Farms to its former CEO for roughly half of what it paid for the carrot and juice company seven years ago, a person familiar tells CNBC.