Total Produce to Acquire Substantial Stake in Dole Food Company

February 01, 2018

Dole-LogoLos Angeles - Paul Hastings LLP, a leading global law firm, advised Dole Food Company and Dole Chairman & CEO David H. Murdock on the sale of a 45 percent stake in Dole to Total Produce. The sale implied a total enterprise value for Dole of $2 billion, and as part of the agreement Mr. Murdock will continue to serve as Chairman of the company.  

The Paul Hastings team was led by partner David Hernand and Lindsay Sparks and also included partners Stephen Harris, Scott Hataway, Michael Haun, Tom Mounteer and John Simonis; of counsel Ron Ben-Yehuda; and associates Stuart Downey, Trevor Katende, Amy Lawrence, Larry Levendosky, Michael Renner and Mary Walser.

In 2013, Paul Hastings represented Mr. Murdock in his $1.6 billion acquisition of Dole, marking the first time in history a company has been taken private twice by the same person. The Firm also advised Mr. Murdock in his first acquisition of Dole in 2003.

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