Dole plc completes acquisition of Greenfood's Fresh Produce division

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Summary · why it matters

Dole plc has completed the acquisition of Greenfood AB's Fresh Produce division through its subsidiary Dole Nordic AB, expanding its presence across Sweden, Finland and the wider Nordic region. The deal includes a 26,500 square metre fresh produce distribution facility in Helsingborg, Sweden, which will serve as a platform for investment in advanced warehouse technology such as automation, robotics and inventory management systems. Niels Klem Thomsen, CEO of Dole Nordic AB, said the combined team will strengthen the Nordic platform and support growth in fresh produce consumption across the region.

Impact on assets 1

Consumer Staples▲ · 1 stocks
Dole PLC
DOLE
▲ PositiveCapitalrelevance

Dole plc completed the acquisition of Greenfood's Fresh Produce division, expanding its Nordic presence.

Off-coverage companies 1

Greenfood ABPrivate▲ Positive
Capitalrelevance

Greenfood AB sold its Fresh Produce division to Dole plc, completing the deal.