Greenfood completes divestment of Fresh Produce
The deal, approved by Swedish Competition Authority, allows Greenfood to focus on Picadeli and healthy convenience food.
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Fresh produce and convenience food group
greenfood.seLast updated
In short: Greenfood sold its Fresh Produce business to Dole and secured a new majority owner while reporting strong growth in its Picadeli brand.
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.
Ahlström Factory achieved 32% growth driven by new plant-based products and strategic partnerships with SimSuFoodS and Munkagrodden AB.
Adjusted EBITDA rises 15.8% from Picadeli and Food Solutions growth. Picadeli expands to over 200 U.S. points of sale in 27 states.
The losing streak continues for Greenfood. The company has reported a negative result for at least five consecutive years. The company...
Picadeli accelerated in the second quarter, with net sales increasing by 14.9 percent and adjusted EBITDA by 29.0 percent. Food Solutions also continued to grow...
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 ...
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