Fyffes

188 results

Fyffes total debt increased by almost €100 million to €274.4 million last year. Photograph: Simon Dawson/Bloomberg

Tropical fruits group Fyffes spent €36.6 million last year buying Canadian mushroom companies, expanding a business that it entered into in 2016. The(...)

Fyffes will not appeal a decision by the UK’s Ethical Trading Initiative at the end of March to expel it as a member following a dispute over workers’ rights at its Honduras melon farming business. File photograph: Bloomberg

Tropical fruits group Fyffes has received an almost €183 million equity injection from its Japanese owner Sumitomo to replace parental borrowings and (...)

The former chairman of Deloitte and Touche developed expertise in several areas including tax and corporate restructuring.

John Donnelly, high-profile accountant and leading insolvency practitioner, has died aged 90. Mr Donnelly, a former chairman of Deloitte and Touche, (...)

Sumitomo, which took over Fyffes early last year for €751m,  sold the 30 per cent stake it inherited in Balmoral.  The buyer was a vehicle linked to  Balmoral chairman Carl McCann, above, and his brother, David.

Balmoral International Land, a property company that was spun out of tropical fruits group Fyffes more than a decade ago, has told investors it expect(...)

Fyffes said the “safety and well-being of all our workers is a core value” of the company. Photograph: Simon Dawson/Bloomberg

Dublin-headquartered fruit company Fyffes strongly rejected allegations of abuse at a Honduran melon plantation, saying the safety of its workers is a(...)

Former Arthur Cox chairman James O’Dwyer, who died in New York last weekend.

Former Arthur Cox chairman and managing partner James O’Dwyer (71) died last Sunday in New York after a brief illness. Mr O’Dwyer was regarded as on(...)

Total Produce chairman Carl McCann. Sumitomo’s sale of its  stake in Balmoral to members of the McCann family give  the McCanns or companies linked to them a controlling stake in the property group. Photograph: Frank Miller

Sumitomo Corporation, the Japanese conglomerate, may have been founded almost a century ago initially to engage in real-estate management. But it’s on(...)

Up to 25,000 new pharma jobs could be created in Ireland if the EU changes the rules on manufacturing of medicines for markets outside the member states

Ryanair said this morning that its profits rose 10 per cent to € 1.45 billion in the 12 months ended March 31st 2018. However, the airline warned that(...)

Fyffes, synonymous with the McCann family, spun off and listed its property portfolio in 2006 on the junior Dublin and London stock markets as a company called Blackrock International Land.

Japanese group Sumitomo has sold its 30 per cent stake in property company Balmoral International Land Holdings, an investment it inherited last year (...)

Total Produce chairman Carl McCann received a basic salary and fees of €520,000, a bonus of €208,000 and €19,000 towards “motor expenses”. Photograph: Alan Betson

A 20 per cent boost in pay for Total Produce chief executive, Rory Byrne, accounted for most of the increase in what the company’s executives took hom(...)

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