BELGIUM – Greenyard has announced that, while negotiations concerning the possible acquisition of Dole did occur, they have already ended. The company will not acquire Dole at this time.

“While the acquisition of Dole by Greenyard would have marked a significant milestone for both companies, we are confident that Greenyard has the right strategy and priorities in place to continue generating profitable growth and strengthening our global leadership position in fruit and vegetables,” Hein Deprez, Executive Chairman of Greenyard, commented in a press release. 

Deprez continued, “We pursued all efforts to realize a transaction with financial and strategic merit that would have created value for all stakeholders involved, nevertheless an agreement could not be reached. We are confident that Greenyard is at the forefront of its industry, and will continue to pursue its successful and ambitious path as a market leader, creating continued shareholder value.”

Greenyard will continue working to drive forward as a market leader, helping consumers to enjoy fresh fruit and vegetables. It recently opened a new state-of-the-art facility as part of its continued effort to further the industry's growth and consumer satisfaction.

To keep up to date on all produce industry negotiations, stay tuned to AndNowUKnow.

Greenyard