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Landec and Chiquita expand banana licensing agreement and enter into new avocado license
1 October 2007
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Landec Corporation’s food subsidiary, Apio, has expanded its joint technology license and supply agreement with Chiquita Brands International, providing Chiquita use of Landec's patented BreatheWay packaging technology for its bananas.
This expanded agreement covers additional exclusive fields for bananas which are strategically important to Chiquita, at the same time, paving the way for an exclusive license using BreatheWay packaging for its avocados.
On its part, Chiquita will provide marketing, distribution and retail sales support for its bananas and avocados sold worldwide in BreatheWay packaging.
BreatheWay regulates the levels of oxygen and carbon dioxide within a package to maintain the optimum atmosphere in order to extend the shelf life of produce.
This expanded agreement covers additional exclusive fields for bananas which are strategically important to Chiquita, at the same time, paving the way for an exclusive license using BreatheWay packaging for its avocados.
On its part, Chiquita will provide marketing, distribution and retail sales support for its bananas and avocados sold worldwide in BreatheWay packaging.
BreatheWay regulates the levels of oxygen and carbon dioxide within a package to maintain the optimum atmosphere in order to extend the shelf life of produce.
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