Total Produce

Last updated

Total Produce plc
IndustryFresh produce
Founded2006
Defunct2021 (2021)
FateMerged
Successor Dole Food Company
Headquarters Dundalk, County Louth
Key people
Carl McCann (Chairman)
Rory Byrne (CEO)
Revenue 3,729.3 million (2019) [1]
82.3 million (2019) [1]
66.2 million (2019) [1]
Number of employees
6,005 (2019) [1]
Website www.totalproduce.com

Total Produce plc was an Irish producer of fresh produce. It was formed from the demerger of a division of Fyffes and listed on the Irish Stock Exchange and the London Stock Exchange. It bought into and then merged with another major food producer, Dole.

Contents

History

The company was established by way of a demerger of the fresh produce business of Fyffes in 2006. [2] It secured listings on the Irish Stock Exchange in Dublin and the Alternative Investment Market in London in 2007. [2] It bought a 60% stake in two Dutch fresh produce distributors, Haluco and Nedalpac, in 2008. [3]

In February 2018, Total Produce acquired a 45 percent equity stake in Dole Food Company. [4] For antitrust reasons, Total Produce agreed to divest Saba Fresh Cuts in Sweden and Finland to Bama Gruppen. [5]

On 30 July 2021, Total Produce plc merged with Dole Food Company, Inc under the new name "Dole plc." [6]

Produce

The company's range includes deciduous fruits, tropical fruits, citrus fruits, salads, stone fruits and vegetables. [7]

Related Research Articles

<span class="mw-page-title-main">ITV plc</span> British-based media company

ITV plc is a British media company that holds 13 of the 15 regional television licences that make up the ITV network, the oldest and largest commercial terrestrial television network in the United Kingdom.

Glanbia plc is an Irish global nutrition group with operations in 32 countries. It has leading market positions in sports nutrition, cheese, dairy ingredients, speciality non-dairy ingredients and vitamin and mineral premixes. Glanbia products are sold or distributed in over 130 countries. While Europe and the USA represent the biggest markets, the Group are continuing to expand into the Middle East, Africa, Asia Pacific and Latin America. Glanbia's primary listing is on Euronext Dublin. The Group has four segments; Glanbia Nutritionals, Performance Nutrition, Glanbia Ireland and Joint Ventures & Associates, with a combined workforce of over 7,000 employees in 32 countries.

Greencore Group plc is a food company in Ireland. It was established by the Irish government in 1991, when Irish Sugar was privatised, but today Greencore's products are mainly convenience foods, not only in Ireland but also in the United Kingdom. A major supplier to British and Irish supermarkets, Greencore is the largest sandwich manufacturer in the world. It is listed on the London Stock Exchange.

<span class="mw-page-title-main">Chiquita</span> Banana producer and distributor company

Chiquita Brands International Sàrl, formerly known as Chiquita Brands International Inc. and United Fruit Co., is a Swiss-domiciled American producer and distributor of bananas and other produce. The company operates under a number of subsidiary brand names, including the flagship Chiquita brand and Fresh Express salads. Chiquita is the leading distributor of bananas in the United States.

<span class="mw-page-title-main">Dole plc</span> Irish multinational food corporation

Dole plc is an Irish agricultural multinational corporation headquartered in Dublin, Ireland. The company is among the world's largest producers of fruit and vegetables, operating with 38,500 full-time and seasonal employees who supply some 300 products in 75 countries. Dole reported 2021 revenues of $6.5 billion.

DCC plc is a leading Irish international sales, marketing and support services group operating in 22 countries. Headquartered in Dublin, the Group operates across three sectors: energy, healthcare and technology, employing over 16,000. DCC plc is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

<span class="mw-page-title-main">Guinness Brewery</span> Brewery in Dublin, Ireland

St. James's Gate Brewery is a brewery founded in 1759 in Dublin, Ireland, by Arthur Guinness. The company is now a part of Diageo, a company formed from the merger of Guinness and Grand Metropolitan in 1997. The main product of the brewery is Draught Guinness.

ARYZTA AG is a food business based in Zurich with operations in Europe, Asia, Australia and New Zealand. It is incorporated in Switzerland and is listed on the SIX Swiss Exchange. It discontinued its listing on Euronext Dublin on 1 March 2021. The group is a major supplier in the specialty frozen bakery sector, and is a global supplier of baked goods to the food service, retail and quick service restaurant sectors.

<span class="mw-page-title-main">Travis Perkins</span> British builders merchant and home improvement retailer

Travis Perkins plc is a British builders' merchant and home improvement retailer with head offices based in Northampton. It is listed on the London Stock Exchange, and is a constituent of the FTSE 250 Index.

Henderson Group plc was a global investment management company with its principal place of business in the City of London. It merged with Janus Capital Group in May 2017 to create Janus Henderson.

<span class="mw-page-title-main">Premier Foods</span> British food manufacturer

Premier Foods plc is a British food manufacturer headquartered in St Albans, Hertfordshire. The group owns many well-known brands, including Mr Kipling, Ambrosia, Bird's Custard, Angel Delight, Homepride cooking sauces, Lyons, Sharwood's, Loyd Grossman sauces, Oxo, Bisto, Batchelors and Plantastic. Premier Foods also produce cakes under the Cadbury's name, using the brand under licence. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">Wickes</span> British home improvement store chain

Wickes is a home improvement retailer and garden centre, based in the United Kingdom with more than 230 stores throughout the country. Its main business is the sale of supplies and materials, for homeowners and the building trade. It is listed on the London Stock Exchange.

<span class="mw-page-title-main">Fyffes</span> Japanese-owned food company

Fyffes plc is a fruit and fresh produce company. The Fyffes brand is most closely associated with the banana industry, although it is applied to a wide range of fruits and fresh produce, including the Fyffes Gold Pineapples, and Fyffes melons.

<span class="mw-page-title-main">Grand Metropolitan</span> Leisure, manufacturing and property conglomerate

Grand Metropolitan plc was a leisure, manufacturing and property conglomerate headquartered in England. The company was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index until it merged with Guinness plc to form Diageo in 1997.

The Smurfit Kappa Group plc is Europe's leading corrugated packaging company and one of the leading paper-based packaging companies in the world. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

<span class="mw-page-title-main">Bank of Georgia</span> Bank headquartered in Tbilisi, Georgia

Bank of Georgia Group PLC is a UK incorporated holding company. The group comprises a retail banking and payments business, and a corporate banking and investment banking business, both operating in Georgia. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Bakkavor Group plc is an international food manufacturing company specialising in fresh prepared foods. The group's head office is in London, England. Bakkavor operates 46 factory sites in the UK, US and China. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">F&C Asset Management</span> Financial management firm

F&C Asset Management Plc was an international asset management company. It was acquired by Bank of Montreal in 2014, and renamed as BMO Asset Management (Holdings) Plc in 2018. Its head office was in the City of London in Exchange House, Primrose Street, London. The company was then acquired by Columbia Threadneedle Investments in 2021 and renamed to Columbia Threadneedle AM (Holdings) Plc in 2022.

Cranswick plc is a leading UK food producer and supplier of premium, fresh and added-value food products. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Haleon plc is a British multinational consumer healthcare company with headquarters in Weybridge, England. It is one of the largest consumer healthcare business in the world, with brands including Sensodyne toothpaste, Panadol and Advil painkillers and Centrum vitamins. The company is a global leader in over the counter medicines with a 7.3 percent market share.

References

  1. 1 2 3 4 "Preliminary Results 2010" (PDF). Total Produce. Retrieved 12 April 2020.
  2. 1 2 Fyffes spin-off Total Produce begins trading on Dublin and London Stock Exchanges Fin Facts, 2 January 2007
  3. Total Produce goes bananas for deals Growth Business, 1 September 2008
  4. "UPDATED: Total Produce to buy 45% stake in Dole Food". Packer. 1 February 2018. Retrieved 19 December 2018.
  5. "Dole sells off Nordic arm to meet EU conditions". 18 December 2018. Retrieved 19 December 2018.
  6. "Dole plc completes acquisition, sets price of IPO – Produce Blue Book" . Retrieved 30 July 2021.
  7. Total Produce: Our range