It seems like the sale of Dole's worldwide packaged foods and Asia fresh business to Itochu is almost complete, following an announcement that the American fruit major's president will be joining Itochu to run the company's new acquisitions.
China, producer of half the world's fruit and vegetables, is set to
overtake the Netherlands in the next two to three years to become
the world's third biggest fresh produce exporter in value terms,
predicts a new report...
Although Asian consumers have traditionally sought out their
vegetables in 'wet' markets, a lack of time and increasing income
levels is leading to a boom in the packaged vegetables sector, as
the latest releases from Mintel...