Dole has announced that it will sell its Fresh Vegetables Division to Fresh Express, a wholly owned subsidiary of Chiquita Holdings, for around $293 million.
The Fresh Vegetables Division comprises operations related to the processing and sale of whole produce such as iceberg, romaine, leaf lettuces, cauliflower, broccoli, celery, asparagus, artichokes, green onions, sprouts, radishes, and cabbage, as well as salads and meal kits.
The business has agricultural operations and four processing plants across the United States and employs more than 3,000 people. "We believe the sale of this division will strengthen our financial position and increase the group's focus on and investments in our core activities," he added.
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