Fyffes Archives - Just Food
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Fyffes

Fyffes suspended from Ethical Trading Initiative

Irish produce company Fyffes has been suspended from its membership of the Ethical Trading Initiative (ETI),  the UK multi-stakeholder partnership aimed at improving conditions in agricultural and manufacturing supply chains. The ETI…

Japan’s Sumitomo makes play for Fyffes 

Fyffes has agreed to an all-cash takeover offer from Japanese banana-to-transportation conglomerate Sumitomo Corp. that values the Irish produce group at around EUR751.4m (US$978m). Sumitomo has offered EUR2.23 per share…

Fyffes books H1 sales and profits boost

Fyffes, the Ireland-based fresh produce group, this morning (2 September) reported higher half-year sales and profits. Adjusted profit before tax amounted to EUR35.5m (US$39.7m), 4.5% up on the same period…