Total Produce pays €21m dividend to parent company Dole

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Dublin-headquartered company formed New York-listed Dole in 2021, the largest fruit and veg supplier in the world

Originally a spin-off of Irish fruit company Fyffes, Total Produce acquired its rival Dole Produce in July 2021, debuting on Wall Street shortly thereafter.

Total Produce is now an investment company within the group that holds shares in subsidiary undertakings, including a property holding company and the Irish parent entity of Total Produce USA Holdings. “The commission concluded that the proposed merger would raise no competition concerns, as Total Produce already had joint control over Dole, and the commission reviewed and accepted a set of remedies on that transaction,” it said.

 

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