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Chiquita Brands International
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Cutrale-Safra Acquired American Banana Producer Chiquita Brands International
Jan 8, 2015Brazilian 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 ...
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The Cutrale and Safra Group Has Extended Tender Offer for The Acquisition
Dec 30, 2014The 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
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Cutrale and Safra Groups Announced That The Previously Announced Tender Offer
Dec 29, 2014The 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
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Chiquita Brands International shareholders voted against a merger deal with Fyffes
Oct 29, 2014Banana 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 ...
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Cutrale and Safra Group Have Agreed to Acquire Chiquita Brands International
Oct 29, 2014Brazilian 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
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Chiquita Announced Appointment of Craig Stephen as Senior Vice President
Oct 20, 2014Chiquita 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
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Chiquita Brands International Has Rejected a Take-Over Bid of $611m From Cutrale and Safra
Aug 18, 2014US-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
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Chiquita Brands Received a Offer From Cutrale Group and Safra Group to Acquire
Aug 13, 2014US-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 ...
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Landec Expand Commercial Applications for Its Breatheway Packaging Solutions
Feb 28, 2014Landec 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 ...
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Chiquita Brands Indicates That Fourth Quarter and Full Year Results for 2012 Are Down
Jan 29, 2013Chiquita 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
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Chiquita Brands International Has Swung to a First-Half Loss as a Drop in Sales
Dec 13, 2012Chiquita 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
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Chiquita Brands International Has Appointed a CEO to Replace Fernando Aguirre
Dec 10, 2012Chiquita 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
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Chiquita Brands Has Said Its Third-Quarter Net Loss More Than Doubled Amid Falling Sales
Dec 10, 2012Chiquita 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
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Chiquita Has Appointed CFO Brian Kocher to The Newly-Created Position of COO
Dec 10, 2012US produce giant Chiquita Brands International has appointed CFO Brian Kocher to the newly-created position of COO as it looks to restructure the business. In line with its new strategic direction, the company said it is consolidating ...
Tags: leadership positions, company revamp, strategic direction
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Chiquita Brands Net Sales Decreased
Dec 5, 2012US-based producer and distributor of bananas and other produce Chiquita Brands International has reported that its net sales decreased by 1.24% to $714m for the third quarter ended 30 September 2012, compared to $723m for the same period in ...