Dole acquires Chile-based TucFrut
October 11, 2016

Dole Food Co. has acquired packing and growing facilities of TucFrut in the Molina and Linares areas of Chile.

The TucFrut property 40 miles south of Santiago, Chile, is spread over about 2,400 acres, according to a news release. It produces apples, blueberries and kiwifruit on about 1,600 acres.

“With the acquisition of TucFrut, we are strengthening our leadership of Dole’s Chilean deciduous export business and diversified fruit operations,” Johan Linden, president and chief operating officer at Dole Food Co., said in the release. “Dole Chile has been a success story for Dole since the 1980s based on our grower supply and a worldwide distribution under the Dole label.”

TucFrut assets are expected to strengthen Dole’s product portfolio with premium apple varieties and kiwifruit. The acquisition will also provide Dole’s first own production of Chilean blueberries.

The purchase for an undisclosed amount also brings Dole farmland yet to be developed for production.

“A large portion of the farm is yet to be planted and we intend to plant varieties that will satisfy our customers’ needs in the years to come,” Francisco Chacon, president of Dole Diversified Fruit Operations, said in the release. “The TucFrut fruit farms acquisition is the most visible part of our growth in Chile this year.”

In addition to the TucFrut acquisition, Dole recently added three grape farms totaling more than 600 hectares. These farms will provide a wide range of grape varieties.

The Packer