Chiquita Brands International has completed the sale of Atlanta AG to UNIVEG Fruit and Vegetables, a Belgium-based fruit distributor.


UNIVEG paid EUR65m (US$92m) for the Chiquita unit, including adjustments for working capital and debt.


The transaction also covers a long-term strategic agreement that will see Atlanta AG continue as Chiquita’s preferred supplier of banana ripening and distribution in Germany, Austria and Denmark.


Chiquita said it expects a one-time tax benefit from the deal and it will use the proceeds to pay down debt.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now