Colorado Greenhouse ripens

Sunblest moves to buy tomato holdings

LONGMONT – Colorado Greenhouse Inc., the hydroponic-tomato company headquartered here, has been sold to Sunblest Management LLC.

The sale price – which encompasses Colorado Greenhouse’s 38-acre greenhouse in Brush, 40-acre facility in Fort Lupton and 13.5-acre greenhouse in Rifle – was not disclosed by David Bailey, one of the company’s new owners. Colorado Greenhouse facilities in Grants and Estancia, N.M., were not sold.

The sale was final last month.

Colorado Greenhouse, which produces more than 35 million pounds of tomatoes each year, filed for bankruptcy earlier this year despite grossing about $1 per pound in sales. Sunblest bought…