Greenyard in advanced talks to acquire Dole Food Company
Greenyard executive chairman Hein Deprez

Greenyard in advanced talks to acquire Dole Food Company

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Greenyard has announced this morning that it is in advanced negotiations to acquire Dole Food Company, Inc, the world’s largest fruit and vegetable producer.

A statement from the company says that 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.

However, Greenyard adds that is 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 will provide further comment related to this potential combination when there is news to share,” the statement concludes.

Greenyard is half-owned by the family of Belgian entrepreneur Hein Deprez following a deal earlier this year.

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