Univeg denies IPO reports

01/29/2010 03:42:43 PM
Bruce Blythe

Univeg, a Belgium-based fresh fruit and vegetable supplier, has no plans to hold an initial public offering, Trends magazine reported, citing an interview with chief executive Rudi De Becker.

“There are no concrete plans” for an IPO, De Becker told Trends in a story published Jan. 28. “In the press I read that I have been appointed to prepare an IPO. That is not correct at all.”

De Becker’s comments come amid speculation in Belgian media that privately held Univeg, which supplies grocery chains including Ahold, Carrefour, Delhaize and Colruyt, was working on an IPO, according to reports.

Univeg’s U.S. operations include Swedesboro, N.J.-based Univeg Hot Cuisine America, and Vero Beach, Fla.-based citrus marketer Seald Sweet International.
 
Univeg officials didn’t immediately respond to inquiries.



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