Dole seeks acquisitions to grow produce supply

Dole, having merged with Ireland-based Total Produce last year to create the world's largest fresh produce company, wants to grow its presence in popular produce markets as it faces supply disruptions to other products.

The company intends to boost market share in avocados, berries, salad kits and organic produce, which have grown to represent around 25% of Dole's total revenue. Dole is focused on product innovation in these categories as well as "additional opportunities for growth," including potential acquisitions.

The emphasis on berries and other popular produce comes as Dole faces supply challenges with bananas and packed vegetables.

Source: supplychaindive.com


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