Eurofruit reports that there are rumours in the market that Dole is planning to fully or partially take over Banacol. Dole acquired Banacol pineapple plantations in Costa Rica at the beginning of the year, so further integration would not be an illogical step. It seems that both companies have been in discussion for months. Dole may hope to win market shares with this fusion, to compete with the recent fusion between Chiquita and Fyffes.
Source: Eurofruit