HAMBURG, Germany & MARSEILLE, France. - Wednesday, May 28th 2014 [ME NewsWire](BUSINESS WIRE) Dole Food Company, Inc. and Compagnie Fruitière Group announce that Dole has sold its minority interest in Compagnie Financiere de Participations, the holding company of Compagnie Fruitière Group, back to its majority shareholder. Dole and Compagnie Fruitière have jointly decided that they will better pursue their growth objectives separately in the future.
This transaction puts an end to 21 years of a long and fruitful cooperation but the termination of the partnership at shareholder level does not exclude that both companies may continue to cooperate commercially as supplier or customer to each other if, when and where it would be to their mutual benefit.
About Dole Food Company, Inc.
Dole Food Company, Inc., is one of the world’s largest producers and marketers of high-quality fresh fruit and fresh vegetables. Dole is an industry leader in many of the products it sells, as well as in nutrition education and research. www.dole.com or www.dole.eu
About Compagnie Fruitière
Compagnie Fruitière is the largest grower of fruit (bananas, pineapple and tomatoes) in the ACP zone and one of the leading fruit operators in Europe. It employs more than 18,000 people in the world. www.compagniefruitiere.fr
Contacts
In Europe
Dole Fresh Fruit Europe OHG
Xavier Roussel
Stadtdeich 7
D- 20097 Hamburg
xavier.roussel@dole.com
Tel.:+49 (0)40 32906-0
Permalink: http://www.me-newswire.net/news/11113/en
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