Starbucks Corp. (SBUX) has agreed to sell the Evolution Fresh brand and business to Bolthouse Farms. Employees in the juice unit will also transition to Bolthouse. The move enables Starbucks to concentrate on its core operations. Management Weighs In Jeff Dunn, the Chairman and CEO of Bolthouse, commented, “Evolution Fresh is a natural extension of the Bolthouse portfolio and we look forward to welcoming the team...By bringing Evolution Fresh into our portfolio, we will extend our spirit of ingenuity and innovation, sharing resources and passion for high-quality, nutrient-dense juices to pioneer solutions for today’s food system.
https://www.tipranks.com/news/starbucks-sells-evolution-fresh-to-bolthouse-exits-russia?utm_source=advfn.com&utm_medium=referral
Starbucks (NASDAQ:SBUX)
Historical Stock Chart
Von Jul 2022 bis Aug 2022 Click Here for more Starbucks Charts.
Starbucks (NASDAQ:SBUX)
Historical Stock Chart
Von Aug 2021 bis Aug 2022 Click Here for more Starbucks Charts.