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Fyffes complete Everfresh agreement

22/06/2004 - 15:36:39
Fyffes today announced the completion of their agreement to acquire the Everfresh group of food companies.

Fyffes entered into on the agreement on May 6.

The Everfresh group is a leading distributor of fresh produce in Sweden.

Fyffes has acquired 60% of Everfresh for an initial consideration of SEK262.5m (€28.7m) with the acquisition of the balance of 40% to be completed in 2007.

Fyffes shares were up 4c to €1.70 today.

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