Total Produce Plc Dole completes Sale of Nordic Salad Business (3328O)
29 Enero 2019 - 1:00AM
UK Regulatory
TIDMTOT
RNS Number : 3328O
Total Produce Plc
29 January 2019
Total Produce plc
Dole completes the Sale of Nordic Salad Business
Total Produce, Europe's leading fresh produce company is pleased
to announce that Dole Food Company ("Dole"), having now received
approval from the European Commission, has completed the sale of
Saba Fresh Cuts AB and Saba Fresh Cuts OY to BAMA
International.
Saba Fresh Cuts AB, with a production facility in Helsingborg
Sweden and Saba Fresh Cuts OY, with a production facility in Espoo
Finland, are producers of washed and ready-to-eat salads. BAMA
International is headquartered in Oslo, Norway.
The sale of Saba Fresh Cuts AB was a condition of the European
Commission's approval of the acquisition by Total Produce of a 45%
equity stake in Dole in July 2018.
Dole was advised by investment bank and financial services
company Houlihan Lokey, Inc. in this transaction.
29 January 2019
For further information, please contact:
Brian Bell or Peter O'Brien, Wilson Hartnell PR
Tel: +353-1-669 0030
Ivan Murphy, Davy Corporate Finance
Tel: +353-1-679 6363
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END
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