SEAGRAM BUYS MOST DOLE JUICE UNITS

BRADENTON, Fla. -- Seagram Co. Ltd. here has acquired the majority of Dole Food Co.'s global juice business for approximately $240 million. The transaction will boost Seagram's annual juice sales to over $1.8 billion, making it the largest branded juice business in the world, according to Mark Gutsche, vice president of communications of Seagram's Tropicana Products, which will now become part of

BRADENTON, Fla. -- Seagram Co. Ltd. here has acquired the majority of Dole Food Co.'s global juice business for approximately $240 million. The transaction will boost Seagram's annual juice sales to over $1.8 billion, making it the largest branded juice business in the world, according to Mark Gutsche, vice president of communications of Seagram's Tropicana Products, which will now become part of Tropicana Dole Beverages North America.

Under the agreement, all Dole, Juice Bowl and Loo

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