CHARLOTTE, N.C. — A fresh foods giant that brought its corporate offices to the Queen City about two years ago is set to grow even larger as it merges with a European produce company.
Dole Food Co. Inc. is set to merge with Ireland’s Total Produce plc to form the No. 1 produce company in the world, with combined 2020 revenue estimated at $9.7 billion, according to a press release. The company to be created, Dole plc, will keep its global headquarters in Dublin and its headquarters for the Americas in Charlotte.
[ ALSO READ: Dole Food seeking to set up corporate office in uptown Charlotte ]
Completion of an initial public offering for Dole plc and listing on “a major U.S. stock exchange” is a condition of closing the transaction.
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