Acquisition of Asian Fresh Produce Business and Worldwide Packaged Foods Business of Dole, World's Largest Producer and Marketer of Fresh Fruits and Vegetables

February 23, 2013

ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Masahiro Okafuji, President & CEO; hereinafter “ITOCHU”) announced today that ITOCHU and Dole Food Company, Inc. (headquartered in Westlake Village, California, USA; hereinafter “Dole”) agreed to a closing date of April 1, 2013 (North America, Western Standard Time) with respect to the Acquisition Agreement dated as of September 17, 2012.

Overview of Dole Food Company, Inc.

Company name Dole Food Company, Inc.
Head office One Dole Drive, Westlake Village, California, USA
Established 1851
Net sales 7,224 million U.S. dollars
Number of employees

Regular employees: approx. 34,500

Other employees: approx. 36,600