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fresh produce business
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Fyffes Acquires Mushroom Producer Highline Produce for EUR98m
Apr 6, 2016Fresh produce company Fyffes has acquired Canadian mushroom producer Highline Produce for CAD$145m (€98m), including refinancing Highline’s existing debt. Fyffes will fund the acquisition through new and existing bank debt. ...
Tags: Fyffes, Acquisition, Highline Produce, Mushroom Producer
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Perfection Fresh Australia to Boost Its Tomato Category Position
Jan 20, 2015Australia’s largest family-owned fresh-produce marketing company, Perfection Fresh Australia, has announced it will boost its tomato category position with the acquisition of the Moraitis tomato-growing business. Michael Simonetta, ...
Tags: tomato, Agriculture
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Del Monte Reports a Surge in Profit for Q314 Due to Higher Sales and Prices for Bananas
Nov 17, 2014Fresh Del Monte Produce has reported a surge in profit for the third quarter, driven largely by higher sales and prices for bananas. Coral Gables, Florida-based Fresh Del Monte's third-quarter profit rose to $19.9m from $6.4m last year. ...
Tags: Fresh Del Monte, banana, pineapples
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Del Monte Is One of The World's Leading Vertically Integrated Producers and Keep Growing
Feb 25, 2014Del Monte Fresh Produce Company is one of the world's leading vertically integrated producers, marketers and distributors of high-quality fresh and fresh-cut fruit and vegetables, as well as a leading producer and distributor of prepared ...
Tags: Del Monte, fresh-cut fruit
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Syngenta to Offload Its Dulcinea Farms Business to Pacific Trellis Fruit
Dec 18, 2013Swiss agrochemicals company Syngenta has agreed to offload its Dulcinea Farms business to Pacific Trellis Fruit, an American grower and marketer of fresh produce. Formed in partnership with Tanimura & Antle, Dulcinea Farms is a vehicle ...
Tags: Syngenta, Pacific Trellis Fruit
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Fresh Del Monte Produce Inc.Reported Financial Results for The Quarter Ended 9.27,2013
Nov 1, 2013Fresh Del Monte Produce Inc. today reported financial results for the quarter ended September 27, 2013. The Company reported earnings per diluted share of $0.11 for the third quarter of 2013, compared with earnings per diluted share of ...
Tags: Fresh Del Monte
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Dole Food Has Entered Into an Agreement to Be Taken Private by The Chairman and CEO
Aug 15, 2013US-based Dole Food has entered into an agreement to be taken private by the company's chairman of the board and CEO David H Murdock, in a deal valued at $1.2bn. Under the agreement, Murdock will pay $13.50 in cash for each share for all ...
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Dole Food Has Completed The Sale of Its Worldwide Packaged Foods
Apr 2, 2013US-based Dole Food has completed the sale of its worldwide packaged foods and Asia fresh businesses to Japanese firm ITOCHU for $1.68bn in cash. The sale included a major portion of Dole's operations and assets, including exclusive rights ...
Tags: DolE, Packaged Foods, Itochu
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An Increase in Prices Drives Improved Annual Profits at Fresh Del Monte Produce
Feb 20, 2013An increase in prices has driven improved annual profits at Fresh Del Monte Produce, the company announced today (19 February). Fresh Del Monte booked underlying net income of US$147.4m for 2012, up from $107.4m a year earlier. The ...
Tags: annual profits, Fresh Del Monte Produce, 2012, Profits
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Dole Food Sell Its Worldwide Packaged Foods and Asia Fresh Produce Business
Jan 28, 2013US-based Dole Food has received clearance from the Chinese Ministry of Commerce to sell its worldwide packaged foods and Asia fresh produce business to Japanese trading house Itochu for $1.68bn in cash. The two companies had signed an ...
Tags: Dole Food, worldwide packaged foods, fresh produce business
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Dole Food's Fresh Produce and Packaged Foods Businesses Have Been Acquired by Itochu
Dec 27, 2012Japan-based Itochu Corporation has signed an agreement with the Dole Food Company to acquire its fresh produce and packaged foods business. The transaction will be completed after getting an approval from the competition authorities in ...
Tags: Itochu Corporation, Dole Food Company, fresh produce business
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Fresh Del Monte Said Its First-Half Net Income Was US$119.7m
Dec 11, 2012A fall in costs pushed up half-year profits at Fresh Del Monte Produce despite the US company reporting lower sales. Fresh Del Monte said today (31 July) its first-half net income was US$119.7m, up from $90.4m a year earlier. The higher ...
Tags: Fresh Del Monte Produce, lower sales, profit, company news, food industry
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A Chunk of Dole Food Co.'s Business Could End up in The Hands
Dec 10, 2012A chunk of Dole Food Co.'s business could end up in the hands of one of Japan's largest trading houses it was announced this week - and China appears to be central to the potential deal. On Wednesday (12 September), Dole, which is in the ...
Tags: Food business, Food industry, Food, food sector
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Dole Food Posts Reduce $13.6m in Q3 2012
Dec 4, 2012Dole Food,a US-based producer and marketer of fruit and fresh vegetables,has posted a loss of$13.6m for the third quarter of 2012,an improvement from a loss of$47m in 2011. The narrowing down of the loss can be attributed to a gain ...
Tags: loss, asset sale, lower expenses