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 kits. It has agricultural operations and four processing facilities across the US, employing over 3,000 …
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Chiquita
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 and nuts and containing at least 7g of protein. They are available as apple wedges, …
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 of functional convenience salads is being launched in the US by Chiquita Brands as an …
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 the world’s largest orange-juice suppliers and the latter an investment firm – having previously agreed …
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 611 million dollars as they look to stymie the US banana company’s plans to merge …
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 billion and, according to Reuters, global market share of around 14%. According to Food Business …
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