Chiquita reaches strategic African sourcing agreements
Chiquita reaches strategic African sourcing agreements
New long-term agreements in Africa will help Chiquita Brands International overcome European duty issues, which have plagued "dollar" banana suppliers for many years. Chiquita, based in Cincinnati, announced March 4 long-term strategic associations in Africa for the export of bananas to the company's core European markets from Angola with ESCOM, a member of Grupo Espirito Santo, and from Mozambique with Matanuska Africa Limited. According to a Chiquita news release, the projects in Angola and Mozambique allow Chiquita to further strengthen the diversity of its geographic sourcing portfolio