Dive Brief:
- Chiquita Brands International Inc. is closing its Charlotte, NC, headquarters.
- The announcement comes soon after the Cutrale Group and Safra Group acquired Chiquita for $1.3 billion last week.
- About 320 employees will find out their job status within 90 days.
Dive Insight:
The Cutrale-Safra acquisition is likely going to have a still bigger impact on Chiquita and its employees, though the company has been tight-lipped thus far. Chiquita CEO Brian Kocher said in a letter to employees, "We wish to inform you of changes at the company that will result from our transition towards a more simplified and streamlined business model appropriate for the competitive markets we serve, and from a publicly listed company to a private enterprise."