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Last Trade
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Last Trade:
$10.18
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Change:
-0.03 (-0.29%)
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Trade Time:
04:01 PM EST
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Market Cap:
$477.62M
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Description of Business
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Chiquita Brands International, Inc. ("CBII") and its subsidiaries (collectively,
"Chiquita," we, us or the company) operate as a leading international marketer
and distributor of (1) bananas and pineapples sold under the Chiquita� and other
brand names in nearly 70 countries and (2) packaged salads sold under the Fresh
Express� and other brand names primarily in the United States. We produce
approximately one-third of the bananas we market on farms we own and lease, and
purchase the remainder of the bananas and all of the lettuce, pineapples and
other fresh produce from third-party suppliers throughout the world. No
individual customer accounted for more than 10% of net sales during any of the
last three years. CBII was originally formed as a New Jersey corporation in 1899
under the name United Fruit Company.
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