Total Produce, Dole Foods merge to consolidate leadership position in fresh produce market

IRELAND – American agricultural multinational corporation Dole Foods has agreed to merge with Ireland-based fresh produce distributor Total Produce in a deal that consolidates Dole Foods’ leadership position in the fresh produce market. The new combined company operating under the Dole brand will be incorporated in Ireland, with its global headquarters in Dublin, but listed in the US. It hopes to raise US$500-US$700 million by way of a public flotation in the US later this year, possibly as early as June. The move will also see Total Produce de-list from…

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