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Dole sells its fresh produce division to Arable Capital

Transaction worth $140 million, including $90 million in cash

Dole, a global fresh produce company, announced that certain of its subsidiaries have completed the sale of Dole’s fresh vegetable business to Og Holdco LLC, the parent company of Organicgirl LLC, a portfolio company of Arable Capital Partners, LLC.The sale price is $140 million, consisting of $90 million in cash and $50 million in seller debt (collectively, the "Purchase Price"), plus a potential e...

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EFA News - European Food Agency
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