Dole plc Nets $75M from Sale of Guayaquil Port to TIL Switzerland
DOLE•Dole plc has completed the sale of its Guayaquil, Ecuador port and operations to TIL Switzerland Sàrl, closing agreements announced in December 2025. The transaction generated approximately $75 million in net cash proceeds after costs and customary completion adjustments.
1. Completion of Guayaquil Port Sale
Dole plc has finalized the sale of its Guayaquil, Ecuador port and port operations to TIL Switzerland Sàrl, executing agreements first announced in December 2025 and transferring all related assets and activities.
2. Transaction Proceeds and Financial Impact
The sale delivered net cash proceeds of approximately $75 million after costs and customary transaction completion adjustments, bolstering Dole’s cash position and providing additional liquidity for core produce operations.
