Brazilian juice maker Cutrale and investment firm Safra Group have completed the tender offer under which Cutrale-Safra has acquired American banana producer Chiquita Brands International via its affiliate, Cavendish Acquisition ...
The Cutrale and Safra Group has extended its previously announced tender offer for the acquisition of US-based banana producer Chiquita Brands International until 12:00 midnight, New York City time, at the end of the day on January 5, 2015. ...
Tags: farming, processing, technology, sourcing, Agriculture
The Cutrale and Safra Groups announced that the previously announced tender offer by its affiliate, Cavendish Acquisition Corporation, for all outstanding shares of common stock of Chiquita Brands International at a price of $14.50 per ...
Tags: antitrust laws, Agriculture
Banana producer Chiquita Brands International shareholders have voted against a merger deal with Irish rival c. Post this development, Chiquita will now enter talks with Brazil's Cutrale and Safra following an offer of $14.50 a share. The ...
Brazilian juice maker Cutrale and investment firm Safra Group have agreed to acquire American banana producer Chiquita Brands International, in a $680m deal. A definitive merger agreement to this effect was signed between Cutrale-Safra ...
Tags: Chiquita Brands International, Acquire, Food
Chiquita Brands International today announced the appointment of Craig Stephen as Senior Vice President of Sales & Marketing for Fresh Express. Mr. Stephen will have responsibility for Fresh Express sales, marketing and customer service ...
Tags: Chiquita, Vice President, Food
US-based banana firm Chiquita Brands International has rejected a take-over bid of $611m from Brazilian firms Cutrale and Safra groups, saying that the deal is not in the best interest of its shareholders. Earlier this week, juice maker ...
Tags: Chiquita, Bid, Agriculture
US-based Chiquita Brands International has confirmed that it has received an unsolicited offer from Cutrale Group and Safra Group to acquire all of the outstanding common stock of the company at a price of $13 per share in cash. The offer ...
Landec Corporation, a materials science company that develops and markets innovative and patented products for healthy living applications in food and biomedical markets, is expanding commercial applications for its patented BreatheWay ...
US-based materials science company Landec is all set to expand commercial applications for its BreatheWay technology packaging solutions. The technology has been developed to optimize the ratio of carbon dioxide and oxygen within the ...
Tags: Landec, Breatheway Packaging
Quirch Foods, one of the largest distributors of food products in the Southeastern U.S. and the Caribbean, is excited to announce a licensing agreement with Chiquita Brands to sell Chiquita frozen Maduros (Ripe Plantains), Tostones (Green ...
Tags: Quirch Foods, Frozen Foods
Chiquita Brands has indicated that fourth quarter and full year results for 2012 are down on 2011 due to a poorer performance from its salad business, poorer currency exchange and on-off charges. The banana group said today (28 January) ...
Tags: Chiquita Brands, fourth quarter, 2012
Chiquita Brands International has swung to a first-half loss as a drop in sales and higher sourcing costs hit profits. In the six months to the end of June, the US produce giant booked a net loss of US$6m compared to earnings of $102m ...
Tags: Chiquita Brands International, sales, sourcing cost, net loss
Chiquita Brands International has appointed a CEO to replace Fernando Aguirre who announced his decision to step down amid a company revamp in August. Edward Lonergan, most recently CEO of hygiene solutions firm Diversey Inc, will take up ...
Tags: Ceo, revamp, bananas and salads
Chiquita Brands International has said its third-quarter net loss more than doubled amid falling sales and restructuring charges. The company said net losses rose to US$67m, up from $29m last year. Sales dropped to $714m, down from $723m ...
Tags: net loss, banana and salads businesses, profit decline