Dole plc
Dole plc (previously named Dole Food Company and Standard Fruit Company) is an Irish-American 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.
Company type | Public |
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Traded as | NYSE: DOLE |
ISIN | IE0003LFZ4U7 |
Industry | Agribusiness |
Founded | June 2, 1851 Kingdom of Hawaii |
Founder | Samuel Northrup Castle Amos Starr Cooke James Dole |
Headquarters | , Ireland |
Key people | Carl McCann (Chairman) Rory Byrne (CEO) Johan Lindén (COO) |
Products | Fruit Vegetables Other food products |
Revenue | US$6.5 billion (2021) |
Net income | $349.1 million (2021) |
Number of employees | 38,500 |
Website | doleplc.com |
As of 2021, the company had approximately 250 processing plants and distribution centers worldwide in addition to 109,000 acres (44,000 ha) of farmland and real estate. The company operates through four segments: Fresh Fruit (bananas and pineapples; about 35% of 2020 revenues); Diversified Fresh Produce in Europe, the Middle East, and Africa; Diversified Fresh Produce in the Americas and other world regions (combined 37% of 2020 revenues); and Fresh Vegetables (29% of 2020 revenues). Dole grows and markets bananas, pineapples, grapes, berries, deciduous and citrus fruits, and vegetable salads. Dole operates a 13-vessel shipping line for importing its produce and exporting third-party goods to Latin America.
The multinational company PepsiCo sells bottled fruit beverages under license using the Dole brand. Dole has a comarketing agreement with The Walt Disney Company to encourage the public, including children, to consume fruits and vegetables.