Earthbound Farm Considers Sale

Reuters reports that the largest U.S. grower of organic produce is exploring a sale of the company.


SAN JUAN BAUTISTA, Calif. - Earthbound Farm, the largest grower of organic produce in the United States, is considering a sale of the company, according to a new report from Reuters

"The...company, whose investors include private equity firm Kainos Capital, has hired Barclays to sell the company in a deal that could be worth $600 million to $700 million, (sources familiar with the matter) said," Reuters reports.

Earthbound Farm was the subject of a QA cover story in October 2010.

Read the full Reuters story here