Greenyard sells Prepared Netherlands division for $21M

Greenyard has announced that it will sell its Prepared Netherlands division to Polish private equity investment firm Cornerstone Investment Management for €17 million (US$21 million).

June 14 , 2021

Total Produce completes syndication of financing for Dole merger

Total Produce plc announced on Monday that it has successfully completed the syndication of its financing arrangements for the purpose of its combination with Dole Food Company, Inc. under Dole plc.

June 14 , 2021

Environmental engineering strengthens initiatives to combat water scarcity in Chile

Environmental engineering has become a key tool in the implementation of initiatives aimed at the more efficient use of water resources in the agricultural industry.

June 14 , 2021

Chanel, Adidas invest in companies and funds related to sustainable agriculture

French fashion house Chanel and German sportswear firm Adidas have both this week announced they are backing different funds and ventures that have projects related to sustainable agriculture.

June 11 , 2021

South China ports in crisis as logjam of box ships and containers grows

South China’s port congestion has gone from bad to worse – delays at Yantian are spilling over to nearby Shekou and Nansha.

June 11 , 2021

Lineage Logistics acquires Kloosterboer Group

Lineage Logistics has reached an agreement to acquire Kloosterboer Group, an independent integrated provider of temperature-controlled storage, logistics and value-added services in Europe.

June 11 , 2021

Mission Produce boosts Q2 EBITDA amid volume uptick

Mission Produce has posted strong financial results for the second fiscal quarter of 2021, with revenue, net income and EBITDA all seeing increases following a sharp uptick in volume.

June 11 , 2021

Permanent round table raises hopes for Dominican Republic’s banana industry

Banana Link International Coordinator Alistair Smith outlines developments that point to greater social dialogue and a brighter future for the many Haitian migrant workers on the country’s plantations.

June 10 , 2021

Global food import costs to surge 12% to record this year -FAO

Global food import costs are expected to rise 12% in 2021 to a record due to surging commodity prices and robust demand during the COVID-19 crisis, the United Nations food agency said.

June 10 , 2021

Dole picks Port Tampa Bay for new shipping route

One reason Tampa was picked was a 135,000-square-foot refrigerated warehouse that opened in 2018, allowing the port to receive shipments of bananas, pineapples, limes, mangoes and other fruit from Central America.

June 10 , 2021