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DOLE COMPLETES SALE OF WORLDWIDE PACKAGED FOODS AND ASIA FRESH BUSINESSES
New Dole Financial and Business Update
WESTLAKE VILLAGE, California – April 1, 2013 – Dole Food Company, Inc. (NYSE: DOLE) today announced completion of the sale of its worldwide packaged foods and Asia fresh businesses to ITOCHU Corporation for $1.685 billion cash, resulting in a major portion of Dole’s operations and assets being sold, including exclusive rights to the DOLE® brand on certain packaged food products worldwide and on certain fresh produce in Asia, Australia and New Zealand.
The name Dole Sunshine Company is used to represent the global interests and combined efforts of Dole Asia Holdings, Dole Worldwide Packaged Foods and Dole Asia Fresh. Dole Sunshine Company is not an actual business entity and does not operate as such in any country or region. For more information on Dole Sunshine Company, please visit DoleSunshine.com
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