Dole Food Company, Inc. and Compagnie Fruitière Group announce that Dole has sold its minority interest in Compagnie Financiere de Participations, the holding company of Compagnie Fruitière Group, back to its majority shareholder.
Dole and Compagnie Fruitière have jointly decided that they will better pursue their growth objectives separately in the future.
This transaction puts an end to 21 years of a long and fruitful cooperation but the termination of the partnership at shareholder level does not exclude that both companies may continue to cooperate commercially as supplier or customer to each other if, when and where it would be to their mutual benefit.
