Dole Food Co. has bought a 25% stake in Swedish fruit business Green Vision.
The US-based group secured the shareholding through local subsidiary Saba Fresh Cuts for an undisclosed sum.
Go deeper with GlobalData
Green Vision produces fresh-cut fruit and fruit salads in Sweden and Finland and has a production facility near Stockholm. The company has a turnover of around SEK30m (US$4.2m) a year.
“Within Dole Europe, Saba Fresh Cuts has experienced a real development in recent years. Now through its participation in Green Vision, the division wants to extend its expertise and offer an access to a larger range of fresh-cut produce to its retail and foodservice customers,” said Stefan Grahn, MD at Saba Fresh Cuts.
Erik Bolmgren, one of the founders of Green Vision, said the tie-up with Saba Fresh Cuts would help his business develop outside Sweden.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
