Total Produce
 | |
| Industry | Fresh produce |
|---|---|
| Founded | 2006 |
| Defunct | 2021 |
| Fate | Merged |
| Successor | Dole Food Company |
| Headquarters | Dundalk, County Louth |
Key people | Carl McCann (Chairman) Rory Byrne (CEO) |
| Revenue | € 3,729.3 million (2019)[1] |
| € 82.3 million (2019)[1] | |
| € 66.2 million (2019)[1] | |
Number of employees | 6,005 (2019) [1] |
| Website | www |
Total Produce plc was an Irish producer of fresh produce. It was formed from the demerger of a division of Fyffes and listed on the Irish Stock Exchange and the London Stock Exchange. It bought into and then merged with another major food producer, Dole.
History
[edit]The company was established by way of a demerger of the fresh produce business of Fyffes in 2006.[2] It secured listings on the Irish Stock Exchange in Dublin and the Alternative Investment Market in London in 2007.[2] It bought a 60% stake in two Dutch fresh produce distributors, Haluco and Nedalpac, in 2008.[3]
In February 2018, Total Produce acquired a 45 percent equity stake in Dole Food Company.[4] For antitrust reasons, Total Produce agreed to divest Saba Fresh Cuts in Sweden and Finland to Bama Gruppen.[5]
On 30 July 2021, Total Produce plc merged with Dole Food Company, Inc under the new name "Dole plc."[6]
Produce
[edit]The company's range includes deciduous fruits, tropical fruits, citrus fruits, salads, stone fruits and vegetables.[7]
References
[edit]- ^ a b c d "Preliminary Results 2010" (PDF). Total Produce. Retrieved 12 April 2020.
- ^ a b Fyffes spin-off Total Produce begins trading on Dublin and London Stock Exchanges Fin Facts, 2 January 2007
- ^ Total Produce goes bananas for deals Growth Business, 1 September 2008
- ^ "UPDATED: Total Produce to buy 45% stake in Dole Food". Packer. 1 February 2018. Retrieved 19 December 2018.
- ^ "Dole sells off Nordic arm to meet EU conditions". 18 December 2018. Retrieved 19 December 2018.
- ^ "Dole plc completes acquisition, sets price of IPO – Produce Blue Book". Retrieved 30 July 2021.
- ^ Total Produce: Our range