David Mccann

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David McCann, executive chairman of Fyffes, is  the grandson  of Charles McCann, who set up a greengrocers in Dundalk in 1992 to become the first agent in Ireland for Fyffes.  Photograph: Dara Mac Dónaill

Members of the McCann fruit and vegetable dynasty have emerged as the real winners on the Irish stock market this year, with Fyffes and Total Produce,(...)

Fyffes headquarters in Dublin: certain managers in the company will be eligible for a 2017 bonus payment. This will be capped at €1.114 million for executive directors. Photograph: Brian Lawless/PA Wire

Fyffes’s executive directors are set to receive as much as €3 million in bonus payments next year under Japanese group Sumitomo Corporation’s planned (...)

A bunch of Fyffes bananas pictured outside the company’s head office in Dublin.  The  Irish fruit giant is to be acquired by Japan’s Sumitomo Corporation in a deal which values the firm at €751 million. Photograph:  Brian Lawless/PA Wire

1789: Henry Fyffe leaves the family base in Perth, Scotland, to move to London to set up as a “grocer and tea dealer”. 1887: Edward Wathen Fyffe, Hen(...)

Fyffes chairman David McCann: “This is a good transaction for our shareholders and for our people, as we expect the business as a whole to remain intact.” Photograph: Dara Mac Dónaill

Two months ago, David McCann was invited to dinner at the Merrion Hotel in Dublin by Japanese conglomerate Sumitomo Corporation. “We had a very, very(...)

Irish fruit distributor Fyffes is to be acquired by Tokyo-headquartered Sumitomo Corporation for €751 million. Photograph: Simon Dawson/Bloomberg

Irish fruit distributor Fyffes is set to be acquired by Tokyo-headquartered Sumitomo Corporation for €751 million. The two companies have reached agr(...)

Fyffes said it plans to  do more deals after spending almost €140 million so far this year buying two Canadian mushroom companies.  Photographer: Simon Dawson/Bloomberg

The McCann family’s Balkan Investments company has spent almost €2.6 million buying shares in Fyffes shares this week to minimise dilution of their s(...)

Fyffes, led by David McCann (standing), has moved into the North American mushroom market. Photograph: RollingNews.ie

Tropical fruit distributor Fyffes launched a share sale on Thursday, likely to raise about €45 million, as it seeks to bolster its financial firepower(...)

Fyffes said it was funding the acquisition of All Seasons Mushrooms through existing bank debt.

Food distributor Fyffes has acquired a second large Canadian mushroom business just months after it bought Highline Produce for €99 million. The co(...)

Fyffes banana sales grew by a “satisfactory mid-single digit” percentage by volume in the first half of the year. Photograph: Simon Dawson/Bloomberg

Fyffes’s profits rose 11.3 per cent in the first half, buoyed by the acquisition of a Canadian mushroom business in March as the the contribution fro(...)

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The 14 long-standing bosses of Ireland’s largest public companies received a 3 per cent pay rise last year to an average of €1.927 million, according (...)

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