March 28, 2024 DUBLIN–(BUSINESS WIRE)–Dole plc BB #:124463 today announced that it has agreed with Fresh Express Incorporated BB #:115030 to terminate the previously announced agreement under which Fresh Express would have acquired Dole’s Fresh Vegetables Division BB #:114768.
This termination is the result of the U.S. Department of Justice’s decision that it will pursue litigation to prevent the transaction.
While Dole strongly disagrees with the Department of Justice’s decision and continues to believe that the transaction was pro-competitive and would have unlocked ongoing benefits to customers and consumers, we remain confident that we will have an alternative path forward in the near term that is in the best interests of the Fresh Vegetables Division’s employees, customers, and partners, and the Dole plc shareholders.
About Dole plc:
A global leader in fresh produce, Dole plc grows, markets, and distributes an extensive variety of fresh produce sourced locally and from around the world. Dedicated and passionate in exceeding our customers’ requirements in over 75 countries, our goal is to make the world a healthier and a more sustainable place.
Contacts
Investor Contact Dole plc:
James O’Regan, Head of Investor Relations
[email protected]
+353 1 887 2794
Media Contact Dole plc:
William Goldfield
[email protected]
818-874-4647
Brian Bell, Ogilvy
[email protected]
+353 87 2436 130
The post Fresh Express acquisition of Dole Fresh Vegetables called off appeared first on Produce Blue Book.
This termination is the result of the U.S. Department of Justice’s decision that it will pursue litigation to prevent the transaction.
While Dole strongly disagrees with the Department of Justice’s decision and continues to believe that the transaction was pro-competitive and would have unlocked ongoing benefits to customers and consumers, we remain confident that we will have an alternative path forward in the near term that is in the best interests of the Fresh Vegetables Division’s employees, customers, and partners, and the Dole plc shareholders.
About Dole plc:
A global leader in fresh produce, Dole plc grows, markets, and distributes an extensive variety of fresh produce sourced locally and from around the world. Dedicated and passionate in exceeding our customers’ requirements in over 75 countries, our goal is to make the world a healthier and a more sustainable place.
Contacts
Investor Contact Dole plc:
James O’Regan, Head of Investor Relations
[email protected]
+353 1 887 2794
Media Contact Dole plc:
William Goldfield
[email protected]
818-874-4647
Brian Bell, Ogilvy
[email protected]
+353 87 2436 130
The post Fresh Express acquisition of Dole Fresh Vegetables called off appeared first on Produce Blue Book.