Chiquita Brands - CQB- Profile

Chiquita Brands International, Inc. produces, markets and distributes bananas, fresh fruits, vegetables and processed food products. The company's fresh products include fruits such as mangoes, kiwi, cherries, grapes, peaches, strawberries and citrus. Fresh vegetables include asparagus, beans, broccoli, carrots, celery, cucumbers, lettuce, onions and potatoes. The company's operations also include private-label and branded canned vegetables and related products, fruit and vegetable juices and beverages, processed bananas, fresh cut and ready-to-eat salads and edible oil-based consumer products. Processed banana products include banana puree, sliced bananas and other specialty products which are sold to producers of baby food, fruit beverages, baked goods and fruit based products and to selected licensees including Beech-Nut and General Mills. These products are primarily produced in Chiquita's processing facilities in Honduras and Costa Rica. The company's leading brand name includes Chiquita, Consul, Amigo, Chico and Bananos. During the year 1999, the company acquired certain canning assets of Agripac, Inc. International sales accounted for 39% of 1999 revenues. Fresh Produce accounted for 80% of 1999 revenues & Processed Foods, 20%.