Dole plc
General Information | |
Business: | (Note: Dole plc previously went public in October 2009; it was taken private in 2013.) We are the premier global leader in fresh fruits and vegetables. We offer over 300 products grown and sourced both locally and globally from over 30 countries in various regions, which are distributed and marketed in over 80 countries, across retail, wholesale, and foodservice channels. Our most significant products hold leading positions in their respective categories and territories. By way of example, we are one of the world’s largest producers of fresh bananas and pineapples, one of the leaders in Value Added Salads (based on U.S. Nielsen data as of April 24, 2021) and Fresh Packed Vegetables (based on Dole estimated rankings) in the United States, and we have a growing presence in categories such as berries, avocados, and organic produce. (Note: Dole slashed its price range to $16 to $17 – down from its initial terms of $20 to $23 – and increased the number of shares to 30.3 million – up from 26 million shares – in an F-1/A filing dated July 27, 2021 – and made available by the SEC on July 28, 2021. Dole’s estimated IPO proceeds are $499.95 million under the new terms, down from $559 million under the initial terms. The cut in the IPO price range reduced Dole’s estimated market cap to about $1.62 billion, down from $1.97 billion under its initial terms.) |
Industry: | Agricultural Production - Crops - Fresh Produced |
Employees: | 40000 |
Founded: | 1851 |
Contact Information | |
Address | 29 North Anne Street, Dublin 7, D07 PH36, Ireland |
Phone Number | 353-1-887-2600 |
Web Address | http://www.doleplc.com/ |
View Prospectus: | Dole plc |
Financial Information | |
Market Cap | $1623.6mil |
Revenues | $8995.02 mil (last 12 months) |
Net Income | $95.65 mil (last 12 months) |
IPO Profile | |
Symbol | DOLE |
Exchange | NYSE |
Shares (millions): | 25.0 |
Price range | $16.00 - $16.00 |
Est. $ Volume | $400.0 mil |
Manager / Joint Managers | Goldman Sachs/Deutsche Bank Securities/ Davy Group/BofA Securities/ BMO Capital Markets/ Rabo Securities/ Stephens, Inc. |
CO-Managers | - |
Expected To Trade: | 7/30/2021 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |