Dole Food sells fresh cut business in Sweden and FinlandStaff Writer | December 17, 2018
Dole Food Company announced an agreement to sell Saba Fresh Cuts AB and Saba Fresh Cuts OY to BAMA International.
Acquisition Saba Fresh Cuts
The companies prepare and sell various fresh-cut salads and vegetables to the retail and foodservice industry in Sweden, Denmark, Finland, Germany and the Baltic States.
The sale of Saba Fresh Cuts AB was a necessary condition of the European Commission’s approval of the investment by Total Produce into Dole in July 2018.
This transaction is expected to close in Q1 2019 and is subject to approval by the European Commission. ■