Wan Hai fine-tunes reefer sales drive ahead of peak fruit shipping season
Wan Hai Lines, spotting rising demand for refrigerated container shipping, has set up dedicated sales ...
Dole Food Company has confirmed that the proposed sale of a “major percentage” of its operations to Japan’s ITOCHU Corporation will be completed on 1 April 2013. Under the deal, originally announced last September, ITOCHU will pay $1.68bn in cash to acquire Dole Worldwide Packaged Foods and Dole Asia Fresh Produce. After the sale, the “new” Dole will have a smaller footprint as a commodity produce company with two main lines of business – fresh fruit and fresh vegetables – generating around $4.2bn in annual revenues. “We will remain an industry leader in the sourcing, distribution and marketing of bananas, pineapples and other tropical fruits, packaged salads, fresh-packed vegetables and fresh berries,” said Dole chairman David Murdock.
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