Dole acquires Mrs. May's Naturals
March 5, 2012
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WESTLAKE VILLAGE, CALIF. — Dole Food Co., Inc. has acquired Mrs. May’s Naturals, a snacks company that targets the better-for-you snack market. Financial details of the acquisition were not disclosed.
Mrs. May’s Naturals will become part of the Dole Packaged Foods division and will accelerate the development of Dole’s all-natural offerings in the health and nutrition space, according to the company.
“Mrs. May’s Naturals is a recognized name with proven results at major retailers,” said David DeLorenzo, president and chief executive officer of Dole. “Their all-natural snacks, which include vegan, gluten-free and kosher options, fit perfectly with the Dole ‘Nutrition Plus’ product line which is designed to improve health and wellness through diet.”
Mrs. May’s Naturals is a family-run business that was founded in 2002 and had revenue in 2011 of about $16 million. The company offers products such as fruit and nut-based clusters, bars and freeze-dried fruit.