Fyffes and Uniban in alliance

Uniban SA, the main banana and plantain export company in Colombia and Fyffes plc have entered into a strategic alliance in the United States through a 50/50 ownership in Turbana Corporation, a Florida corporation, the marketing subsidiary of Uniban SA in the United States.

The total consideration paid in cash by Fyffes plc on completion is $6m (€5m).