Earthbound Farm explores sale of the company
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Published: 2013-05-13 Views:
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Core Tip: Organic salad producer Earthbound Farm, San Juan Bautistsa, Calif., is exploring a sale of the company, according to sources.
O
rganic salad producer Earthbound Farm, San Juan Bautistsa, Calif., is exploring a sale of the company, according to sources. Investors include private equity firm Kainos Capital, and Barclays has been hired to sell the company in a deal that could be worth $600-700 million, according to several sources.
The sale process is in the early stages, the sources said. The company has roughly $75 million in annual earnings before interest, taxes, depreciation and amortization (EBITDA), the sources say.
Earthbound Farm and Kainos Capital could not be reached for comment. Barclays declined to comment.
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