Lindner, Jr. became the controlling investor in United Brands. In 1990, the company renamed itself Chiquita Brands International, as it undertook major investments in Costa Rica. However, the company began to see a decline in Honduran operations during the first half of 1990. As a result, Chiquita initiated the "Banana Wars" with rival company Fyffes over the limited banana supply. Chiquita began illegally seizing and destroying Fyffes' shipments, as well as bribing judges to validate detention orders on Fyffes' ships. This culminated in the destruction of ten million dollars worth of produce. Fyffes manager Ernst Otto Stalinski alleged that Chiquita used a falsified arrest warrant in a kidnapping attempt, and he filed suit several times. In 1993, the company was hit by European tariffs on the import of Latin American bananas. In 1994, some Chiquita farms were certified by the Rainforest Alliance's Better Banana Project as being environmentally friendly. In 1995, the company sold the John Morrell meat business that was part of the original AMK Corporation. In 1998, the world's largest banana processing facility debuted in Costa Rica. In 2001, the EU dismantled their banana import policy that favored European companies. This ended any ongoing banana disputes. Restructuring In November 2001, Chiquita filed for Chapter 11 bankruptcy protection in order to restructure the company. It emerged from the bankruptcy on 19 March 2002, ending Cincinnati businessman Carl H. Lindner, Jr.'s control of the company. Also in 2002, Chiquita joined the Ethical Trading Initiative and was named as a top "green stock" by The Progressive Investor. In 2003, Chiquita acquired the German produce distribution company, Atlanta AG. It also sold its processed foods division to Seneca Foods that year. In 2004, 100% of Chiquita farms were certified compliant with the SA8000 labor standard and the company earned the "Corporate Citizen of the Americas Award" from a Honduran charity. Fresh Express salads was purchased from Performance Food Group in 2005. Acquisition In March 2014, Chiquita Brands International and Fyffes announced that their boards of directors had unanimously approved a merger agreement. In the stock-for-stock transaction, former Chiquita shareholders will own approximately 50.7% of the new company, ChiquitaFyffes, while Fyffes shareholders will own 49.3% of the new company. The all-stock purchase was valued at US$526 million. The agreement would have created the largest banana company in the world with projected annual revenues of US$4.6 billion and have been domiciled in Ireland but