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Greenyard in negotiations to acquire Dole

20 December 2017

Greenyard is in advanced negotiations to purchase Dole Food.  A Greenyard press statement advised - at this stage, a definitive agreement has not been reached, and there can be no assurance that these negotiations will culminate in a transaction between the two companies. Greenyard has secured appropriate financing, and is confident in its ability to complete the transaction with a balanced financing approach should a definitive agreement be reached. 

Alan Forrester, MD of Greenyard Fresh UK and FPC's President said, "I can confirm that discussions are progressing and that at present no final agreement has been reached. Appropriate updates will be issued once any further information is available."

Greenyard is a global market leader of fresh, frozen and prepared fruit and vegetables, flowers, plants and growing media.  With more than 9,000 employees operating in 25 countries it's annual turnover currently stands at €4.25bn. The acquisition of Dole would make Greenyard the world's largest fresh produce company.  

 

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