Fyffes

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 …