date:Mar 11, 2014
for Dole. The combined ChiquitaFyffes will have $4.6 billion in annual revenues and expects to make operational pre-tax savings of at least $40 million by the end of 2016.
The first three (companies) on a global scale are not too far away from each other, whereas Fyffes was a good deal smaller. Now a firm number one has been created, there will be some impetus for further consolidation in the sector, said David Holohan, an analyst at Merrion Stockbrokers in Dublin.
The new firm will be listed