DOLE M&a

Dole plc Announces Sale of its Fresh Vegetables Division to Arable Capital

Published August 05, 2025 at 08:10 PM

DUBLIN--(BUSINESS WIRE)--Dole plc (NYSE: DOLE) (“Dole” or the “Group”) has today announced that certain of its subsidiaries have completed a sale of Dole’s Fresh Vegetables Division to og Holdco LLC (“Buyer”), the parent company of organicgirl LLC, a portfolio company of Arable Capital Partners, LLC (“Arable”). The consideration for this sale is $140 million, comprising $90 million in cash and a $50 million seller note (collectively the “Purchase Price”), and a $10 million potential earn out. T

Related Questions

Will the removal of the Fresh Vegetables Division improve or dilute Dole's overall profit margins and operating cash flow per share? What is the expected effect on Dole's earnings per share (EPS) guidance for the current fiscal year? How will the $90M cash inflow and $50M seller note affect Dole's balance sheet and liquidity ratios? What are the tax implications of the $50M seller note and potential earn‑out for Dole and its shareholders? How does the valuation of $140M for the Fresh Vegetables Division compare to recent multiples for similar agribusiness divestitures? How does Dole’s post‑sale business model compare to competitor strategies regarding portfolio optimization? How might the sale influence analyst sentiment and target price revisions for Dole's stock? Are there any hidden liabilities or contingencies associated with the seller note that could affect future financial statements? What risks does the earn‑out expose Dole to if the Fresh Vegetables Division underperforms after the sale? Will this divestiture prompt any changes in Dole’s dividend policy or share repurchase plans? Is this transaction part of a larger strategic shift for Dole toward its core product lines or new growth areas? Could the proceeds be used for further acquisitions, debt reduction, or capital investments, and how will that affect the stock price? Will the sale lead to any changes in Dole’s supply chain dynamics or cost structure that could impact profitability? What impact will the $10M potential earn‑out contingent on performance have on future cash flows and earnings forecasts? How might the market react to the announcement in terms of trading volume and price volatility in the short term?