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Dole sells Progressive Produce for $120 million

Operation for organic producer that generates $ 400 mln in the USA

Dole, a US agricultural multinational based in Westlake Village, California, has reached an agreement to sell its 65% shareholding in Progressive Produce to PTF Holdings, a company owned by Arable Capital Partners. The operation was concluded for 120.25 million dollars. Located in Los Angeles, California, Usa, Progressive Produce operates as a grower, packager and distributor of conventional and organic...

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EFA News - European Food Agency