Greenfood completes divestment of Fresh Produce
The deal, approved by Swedish Competition Authority, allows Greenfood to focus on Picadeli and healthy convenience food.
See the latest news and media coverage for Greenfood. We track all announcements, press releases, and industry mentions in real time, all in one place.
Plant-based food and foodtech company
greenfood.seLast updated
In short: Greenfood divested its Fresh Produce division to Dole and expanded its Picadeli salad bars across Europe and the US following strong growth.
The deal, approved by Swedish Competition Authority, allows Greenfood to focus on Picadeli and healthy convenience food.
The deal with Dole Nordic AB is expected to close in early July, subject to customary conditions.
Adjusted EBITDA rises 15.8% from Picadeli and Food Solutions growth. Picadeli expands to over 200 U.S. points of sale in 27 states.
Net sales decreased by 3.7 percent to 1 391.1 MSEK. Picadeli grew 6.5 percent and expanded in the USA and France.
Dole plc (NYSE:DOLE) has completed the acquisition of Greenfood AB's Fresh Produce division. The deal expands Dole's ...
Issue Information Domestic bonds Greenfood AB, FRN 13nov2028, SEK (FIGI RegS BBG01Q8V6W43, SE0023112222, WKN A3L41Z) . Issue, Issuer, Yield, Prices, Payments ...
Greenfood sells its wholesale business in fruit and vegetables, Fresh Produce, to Dole Nordic AB.
The divestment covers Greenfood's fruit and vegetable wholesale operations, while its remaining businesses will be "unaffected".
Track Greenfood and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Discover what's making headlines across other trending companies.