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Chiquita acquisition complete, leadership changes

January 07, 2015

Cutrale-Safra has completed its acquisition of Chiquita. Additionally, there has been a leadership change: Brian Kocher, chief operating officer of Chiquita, has assumed the position of interim chief executive officer, succeeding Ed Lonergan. 

Rick Frier, executive vice president and chief financial officer, will be exiting the company as well.

"We are proud of the success of Chiquita's return to the core' strategic plan, thank Cutrale-Safra for their support in this transition, and wish them long term success with this great company and team,"
Lonergan said in a press release.

Cutrale-Safra, through Cavendish Acquisition Corporation, acquired more than 90 percent of the outstanding shares of common stock of Chiquita.

 All remaining shares of Chiquita common stock not tendered into the offer were cancelled and converted into the right to receive $14.50 per share, to the seller in cash, without interest and subject to any required withholding of taxes. 

 Shares of Chiquita common stock will no longer be listed on the New York Stock Exchange.

"We look forward to working with Chiquita to build the premier and most sustainable fresh produce platform in the industry,"
Cutrale-Safra said in a press release. 

"The expertise of the Cutrale Group, one of the world's most highly regarded agribusiness and juice companies, and the extensive global relationships of the Safra Group will be important strategic differentiators for Chiquita. We are confident this combination will benefit customers and consumers of the 'Chiquita' and 'Fresh Express' brands around the world."

Cutrale-Safra plans to focus with Chiquita on strengthening its businesses and brands, including Chiquita bananas and Fresh Express salads and snacks, and enabling further success in this very competitive environment through investments in the brands and operations.

 "We bring to Chiquita a history of successful investment in the agribusiness sector, a commitment to providing customers the highest quality products and best service levels, and a focus on delivering healthy products to consumers around the world," the release stated.

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While "Flavor" is very subjective, and each country that grows mangoes is very nationalistic, these are the mango varieties that are the most sought after around the world because of sweetnesss (Brix) and demand.

The Chaunsa has a Brix rating in the 22 degree level which is unheard of!
Carabao claims to be the sweetest mango in the world and was able to register this in the Guiness book of world records.
Perhaps it is time for a GLOBAL taste test ???

In alphabetical order by Country....



Alphonso (mango)
From Wikipedia, the free encyclopedia

Alphonso (हापुस Haapoos in Marathi, હાફુસ in Gujarati, ಆಪೂಸ್ Aapoos in Kannada) is a mango cultivar that is considered by many[who?] to be one of the best in terms of sweetness, richness and flavor. 

It has considerable shelf life of a week after it is ripe making it exportable. 

It is also one of the most expensive kinds of mango and is grown mainly in Kokan region of western India.

 It is in season April through May and the fruit wei…

INDIA 2016 : Mango production in state likely to take a hit this year

TNN | May 22, 2016, 12.32 PM IST

Mangaluru: Vagaries of nature is expected to take a toll on the production of King of Fruits - Mango - in Karnataka this year. A combination of failure of pre-monsoon showers at the flowering and growth stage and spike in temperature in mango growing belt of the state is expected to limit the total production of mango to an estimated 12 lakh tonnes in the current season as against 14 lakh tonnes in the last calendar year.

However, the good news for fruit lovers is that this could see price of mangoes across varieties decrease marginally by 2-3%. This is mainly on account of 'import' of the fruit from other mango-growing states in India, said M Kamalakshi Rajanna, chairperson, Karnataka State Mango Development and Marketing Corporation Ltd.

Karnataka is the third largest mango-growing state in India after Uttar Pradesh and Maharashtra.

Inaugurating a two-day Vasanthotsava organized by Shivarama Karantha Pilikula Nisargadhama and the Corporation at P…

Mangoes date back 65 million years according to research ...

Experts at the Birbal Sahni Institute of Palaeobotany (BSIP) here have traced the origin of mango to the hills of Meghalaya, India from a 65 million year-old fossil of a mango leaf. 

The earlier fossil records of mango (Mangifera indica) from the Northeast and elsewhere were 25 to 30 million years old. The 'carbonized leaf fossil' from Damalgiri area of Meghalaya hills, believed to be a mango tree from the peninsular India, was found by Dr R. C. Mehrotra, senior scientist, BSIP and his colleagues. 

After careful analysis of the fossil of the mango leaf and leaves of modern plants, the BISP scientist found many of the fossil leaf characters to be similar to mangifera.

An extensive study of the anatomy and morphology of several modern-day species of the genus mangifera with the fossil samples had reinforced the concept that its centre of origin is Northeast India, from where it spread into neighbouring areas, says Dr. Mehrotra. 

The genus is believed to have disseminated into neighb…