Title: Chiquita Brands International - Wikipedia
Headings: Chiquita Brands International
Chiquita Brands International
Contents
History
Restructuring
Acquisition
Operations
Logo
Criticism
Monopolistic practices
Cincinnati Enquirer charges
Payments to foreign terrorist groups
Workers' rights
Environmental issues
See also
References
Further reading
Media
External links

Content: 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 be listed on the New York Stock Exchange.