Total Produce has stated its full year earnings growth expectations remain unchanged, in a trading update, the fresh produce company said it is targeting continued growth for 2019. Last July, the group completed the acquisition of a 45% stake in Dole Food Company, one of the largest fresh produce companies in the world.
Total Produce said today that Dole is currently trading in line with expectations.
"Total Produce is in a strong financial position and the Dole transaction represents a very significant step and a continuation of the group's successful expansion strategy," the company said.
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