Ireland: Dole to sell fresh vegetables division to Chiquita
Dole, a global leader in fresh produce, has announced it has entered into an agreement to sell its fresh vegetables division to Fresh Express, a subsidiary of fruit supplier Chiquita, for approximately $293 million in cash. The fresh vegetables divisions comprises operations related to the processing and sale of whole produce, as well as salads and meal […]
USA: Fresh Express to launch Chiquita-branded snack range
Fresh Express, the Chiquita-owned packaged salad firm, is expanding its on-the-go snack portfolio with the launch of fruit-based Chiquita Bites and Chiquita Sticks. The company said the new lines “make planning delicious and refreshing snacks for weekend getaways or school lunches a breeze”. Chiquita Bites is described as savoury snack packs featuring fresh fruit, cheese […]
Salad gets a functional flavour
The latest innovation insight from Gama Compass™ MANCHESTER – 20th March 2015: The value of functional branding in convenience food categories is explored in Gama’s feature innovation for this week – Fresh Express Functional Health Salad Kits. Comprising a Hearth Health kit, an Antioxidant kit and a Digestive Health kit, the new Fresh Express line […]
USA: Chiquita announces definitive merger agreement with Cutrale-Safra
The uncertainty over the future of the Chiquita business appears one step closer to being resolved as the company announced that it had signed a definitive merger agreement with Cutrale Group and Safra Group. In August, Chiquita announced that it had received an unsolicited offer from the two Brazilian companies – the former one of […]
USA: Chiquita confirms receipt of unsolicited offer from Cutrale Group and Safra Group
Chiquita Brands International, Inc. has confirmed that it has received an unsolicited offer from 2 Brazilian companies to acquire all of the outstanding common stock of Chiquita at a price of $13.00 per share in cash to Chiquita shareholders. Cutrale Group, one of the world’s largest orange-juice suppliers, and investment firm Safra Group have offered […]
USA: Chiquita set to create world’s largest banana company
Chiquita Brands International, Inc. has entered into an in an all-stock transaction to acquire Fyffes, a Dublin, Ireland-based fruit and produce distributor, that is said to value the latter at approximately $526 million. It is claimed that the combination of the two companies would create the world’s largest banana company with annual sales of $4.6 […]