Consumer

Juice Pouch Brand Capri-Sun Is Exploring Minority Stake Sale

Capri-Sun is seeking to raise more than $500 million.

Photographer: Gabby Jones/Bloomberg
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Capri-Sun, the maker of juice drink pouches, is exploring the sale of a minority stake, according to people familiar with the matter.

The company, which is controlled by Swiss billionaire Hans-Peter Wild, is working with advisers to gauge interest from potential investors, the people said. It’s seeking to raise more than $500 million, according to the people, who asked not to be identified because the information is private.