Total_Produce

Total Produce

Total Produce

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Total Produce plc was an Irish producer of fresh produce. It was formed from the demerger of a division of Fyffes and listed on the Irish Stock Exchange and the London Stock Exchange. It bought into and then merged with another major food producer, Dole.

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History

The company was established by way of a demerger of the fresh produce business of Fyffes in 2006.[2] It secured listings on the Irish Stock Exchange in Dublin and the Alternative Investment Market in London in 2007.[2] It bought a 60% stake in two Dutch fresh produce distributors, Haluco and Nedalpac, in 2008.[3]

In February 2018, Total Produce acquired a 45 percent equity stake in Dole Food Company.[4] For antitrust reasons, Total Produce agreed to divest Saba Fresh Cuts in Sweden and Finland to Bama Gruppen.[5]

On 30 July 2021, Total Produce plc merged with Dole Food Company, Inc under the new name "Dole plc."[6]

Produce

The company's range includes deciduous fruits, tropical fruits, citrus fruits, salads, stone fruits and vegetables.[7]

References

  1. [1]
    "Preliminary Results 2010" (PDF). Total Produce. Retrieved 12 April 2020.
  2. [2]
    Fyffes spin-off Total Produce begins trading on Dublin and London Stock Exchanges Fin Facts, 2 January 2007
  3. [3]
    Total Produce goes bananas for deals Growth Business, 1 September 2008
  4. [4]
    "UPDATED: Total Produce to buy 45% stake in Dole Food". Packer. 1 February 2018. Retrieved 19 December 2018.
  5. [5]
    "Dole sells off Nordic arm to meet EU conditions". 18 December 2018. Retrieved 19 December 2018.
  6. [6]
    "Dole plc completes acquisition, sets price of IPO – Produce Blue Book". Retrieved 30 July 2021.
  7. [7]
    Total Produce: Our range
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