Dole To Sell Saba Fresh Cuts to BAMA International
WESTLAKE VILLAGE, CA - Last week, Dole Food Company announced an agreement to sell Saba Fresh Cuts AB and Saba Fresh Cuts OY—producers of washed and ready-to-eat salads—to BAMA International. The purhased companies sell various fresh-cut salads and vegetables to the retail and foodservice industry in Sweden, Denmark, Finland, Germany, and the Baltic States.
“I am very pleased with the outcome of this sale in meeting the EU’s requirement, and I am confident that Saba Fresh Cuts will be in good hands under BAMA’s ownership,” stated Johan Linden, President and CEO of Dole, in a press release.
The sales 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 of this year. The transaction is expected to close in the first quarter of 2019; it is also subject to approval by the European Commission.
“We are pleased to announce this agreement with Dole for Saba Fresh Cuts,” said Rune Flaen, CEO of BAMA Group. “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 players with a strong organization and high-quality products. We look forward to working together.”
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