Eurofrut picks ups
EUROFRUT PICKS UPS Takes Fresh Approach to Finance, Brokerage, Freight ATLANTA, Jan. 16, 2001 - In today's era of modern agriculture, bringing fresh fruit to market requires sun, soil, water, financing and a global reach. One of Europe's largest fruit importers has discovered a smart way to obtain the latter two ingredients. Eurofrut plc, a U.K. company that imports fruit from South Africa and distributes it to supermarkets across Britain, now is financing its business and moving its product through UPS (NYSE:UPS). Through its own U.K. subsidiary, UPS Capital advances Eurofrut up to 85% of