Charlotte-based Chiquita Brands International says it is pulling out of the grape and some other deciduous fruit businesses, as the company works its way through a major restructuring.
“Chiquita will be exiting the deciduous business effective at the conclusion of the California growing season this fall,” said spokeswoman Tiffany Breaux, in a statement.
The “other produce” category of Chiquita’s business includes grapes and other deciduous fruits, as well as pineapples (which are an herbaceous perennial). The segment accounted for $48.7 million of the company’s revenue last quarter.
That’s down from $62.9 million the same quarter a year ago. Overall, “other produce” accounted for just under 6 percent of the company’s quarterly revenue.
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