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Pete and Gerry's Organics sells to Butterfly to better serve rising demand for ethically produced eggs

Pete and Gerry’s Organics’ decision announced yesterday to sell a majority stake of the family-owned free-range and pasture-raised egg business to the private equity firm Butterfly may be “unsettling” to some, acknowledges the CEO, but he says it will allow the company to accelerate its steady growth of the past decade by seizing rising demand for more ethically and sustainably produced eggs.
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