Dole Food Co completes Saba acquisition

Dole Food Co Inc announced that as of Jan 1, 2005, it has acquired the remaining shares of Saba Trading AB. Dole acquired majority ownership in Saba in 1998. Saba is the leading importer and distributor of fruit, vegetables, and flowers in Scandinavia. The company is headquartered in Stockholm, Sweden; its subsidiaries have operations throughout Scandinavia.

With 2003 revenues of $4.8 billion, Dole Food Co produces and markets fresh fruit, fresh vegetables, and fresh-cut flowers. It markets a line of packaged and frozen foods and is a produce industry leader in nutrition education and research.

TAGS: Foodservice
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish