Total Produce

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Total Produce plc
TypePublic limited company
Euronext: T7O
LSE: TOT
IndustryFresh produce
Founded2006
Defunct2021 (2021)
FateMerged
SuccessorDole Food Company
HeadquartersDundalk, 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]
Websitewww.totalproduce.com

Total Produce plc was an Irish producer of fresh produce. It was listed on the Irish Stock Exchange and the London Stock Exchange.

History[]

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[]

The company's range includes deciduous fruits, tropical fruits, citrus fruits, salads, stone fruits and vegetables.[7]

References[]

  1. ^ a b c d "Preliminary Results 2010" (PDF). Total Produce. Retrieved 12 April 2020.
  2. ^ a b Fyffes spin-off Total Produce begins trading on Dublin and London Stock Exchanges Fin Facts, 2 January 2007
  3. ^ Total Produce goes bananas for deals Growth Business, 1 September 2008
  4. ^ "UPDATED: Total Produce to buy 45% stake in Dole Food". Packer. 1 February 2018. Retrieved 19 December 2018.
  5. ^ "Dole sells off Nordic arm to meet EU conditions". 18 December 2018. Retrieved 19 December 2018.
  6. ^ "Dole plc completes acquisition, sets price of IPO – Produce Blue Book". Retrieved 2021-07-30.
  7. ^ Total Produce: Our range
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