Total Produce, Europe's leading fresh produce company, is pleased to announce that the Dole Food Company, having now received approval from the European Commission, has completed the sale of Saba Fresh Cuts AB and Saba Fresh Cuts OY to BAMA International.
Saba Fresh Cuts AB, with a production facility in Helsingborg Sweden and Saba Fresh Cuts OY, with a production facility in Espoo Finland, are producers of washed and ready-to-eat salads. BAMA International is headquartered in Oslo, Norway.
The sale of Saba Fresh Cuts AB was a condition of the European Commission’s approval of the acquisition by Total Produce of a 45% equity stake in Dole in July 2018.
Dole was advised by investment bank and financial services company Houlihan Lokey, Inc. in this transaction.
For more information:
Brian Bell / Peter O’Brien
Wilson Hartnell PR
Tel: +353-1-669 0030
Ivan Murphy
Davy Corporate Finance
Tel: +353-1-679 6363