Logo
BusinessBusiness

Danone is finding it difficult to sell its Earthbound Farms business, showing that Campbell is not the only one that’s struggling to unload an organic grower.

France-based yogurt seller Danone has been trying since June to sell Earthbound Farms, a 47,000-acre organic vegetable and lettuce farm in California, according to a source.

Earthbound went from generating $70 million in Ebitda a few years ago to having negative Ebitda now, the source said. “It is losing money and getting little interest,” a source close to the JPMorgan-run auction said.

WhiteWave Foods in 2013 paid $600 million for Earthbound, and then Danone in 2017 bought WhiteWave for $12.5 billion.

The Earthbound auction is happening as Campbell is finding little interest among potential buyers for similar money-losing business Bolthouse Farms, as The Post reported exclusively Thursday.

Danone declined to comment.

Comments
anonymous profile image
Powered by RoundtableBuilt on infrastructure designed for real-time media. Learn more at RTB.io.© Roundtable 2026. By using this site you agree to the Terms of Use and Privacy Policy