Greenyard in Advanced Negotiations to Acquire Dole

Greenyard in Advanced Negotiations to Acquire Dole

The Belgium-based company has not reached a definitive agreement with Dole but has secured financing.

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December 21, 2017
mergers and acquisitions

On December 19, Belgium-based Greenyard announced that it is in advanced negotiations to acquire Dole Food Company, Inc.

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.

Greenyard stated that it will provide further comment related to this potential combination when there is news to share.

Greenyard is a global provider of fresh and prepared fruits and vegetables and growing media. It has more than 8,000 employees in 25 countries.