Dole Food Company has announced it has sold its Saba Fresh Cuts AB and Saba Fresh Cuts OY subsidiaries to Bama International.
Saba Fresh Cuts AB, with a production facility in Helsingborg, Sweden, and Saba Fresh Cuts OY, with a production site in Espoo, Finland, are producers of ready-to-eat salads.
The companies prepare and sell various fresh-cut salads and vegetables to the retail and foodservice industry in Sweden, Denmark, Finland, Germany and the Baltic states.
The sale of Saba Fresh Cuts AB was a necessary condition of the European Commission’s approval of the investment by Total Produce into Dole in July 2018.
“I am very pleased with the outcome of this sale in meeting the EU’s requirement,” said Johan Linden, president and CEO of Dole Food Company. “I am confident that Saba Fresh Cuts will be in good hands under Bama’s ownership.”
Bama Group CEO Rune Flaen said: “We are pleased to announce this agreement with Dole for Saba Fresh Cuts. Convenience products and ready-to-eat salads and vegetables is a fast-growing category in all markets, and Saba Fresh Cuts is a solid and very professional player, with a strong organisation and high-quality products. We look forward to working together.”
Dole said the transaction is expected to close in the first quarter of 2019.
Earlier this year, Ireland-based fresh produce distributor Total Produce acquired a 45% stake in Dole Foods Company for €242 million. Total Produce purchased the shares from Dole chairman David Murdock, who previously owned 100% of the company.
Source: FoodBev
Kerry’s 2023 flavor insights report reveals the latest foodservice flavor trends consumers are seeking, including new combinations of traditional tastes, indulgence, and younger consumers seeking unconventional mashups of food and beverages they grew up with in combination with emerging flavors from other regions.
Stephanie Pullings Hart has been named deputy head of operations at Nestle SA, effective July 1. She will succeed Magdi Batato, who is set to retire after a 30-plus-year career at Nestle. Ms. Pullings Hart is currently senior vice president of operations at Warby Parker, where she is responsible for manufacturing, supply chain and customer experience.
Customer Foresight can identify early indications about impending future shifts that will impact the food and beverage industry. According to Givaudan, it is designed to support customers in understanding, planning for and addressing disruptive changes in consumer desires, guiding strategic planning, and leading to co-creation opportunities.
