Fyffes to buy third of German rival

Fruit importer Fyffes is set to buy one-third of German rival, Fruchtimport vanWylick GmbH, for several million euro.

Fruit importer Fyffes is set to buy one-third of German rival, Fruchtimport vanWylick GmbH, for several million euro.

The company said yesterday that it had agreed to buy 33.3 per cent of the company, subject to approval by the German competition authorities.

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