US fresh fruit and vegetable producer Dole Food has announced that it has purchased Costa Rican pineapple farms and other assets from an affiliate of Maui Land & Pineapple Company for approximately US$15.3m.
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“This acquisition will enable Dole to better serve our customers, primarily in the Central and Eastern United States, as well as Europe, with increased supplies of Dole’s Tropical Gold sweet pineapple from Costa Rica,” said David H Murdock, chairman and chief executive of Dole.
Dole Food had 2002 revenues of $4.4bn. The company produces fresh fruit, fresh vegetables and fresh-cut flowers as well as marketing a growing line of packaged foods.
