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Asia accounted for 9 per cent of the produce group’s 4.32 billion dollar sales last year as it pushes beyond its South Korean processing hub into mainland retail channels.
Del Monte Foods, a renowned food production company, has recently applied for Chapter 11 bankruptcy protection within the United States. This move comes as a part of the company’s strategy to facilitate a successful sale of its business operations.…
Del Monte Philippines Inc, the wholly-owned Philippine subsidiary of global branded food and beverage firm Del Monte Pacific Limited, has received approval from the Securities and Exchange Commission (SEC) to raise up to P17.55 billion (about $333 million)…
Three Del Monte entities will launch a series of JVs, including a Del Monte retail concept to be rolled out in the US. Del Monte Pacific (DMPL), a subsidiary of Del Monte Foods and Fresh Del Monte Produce have agreed to launch the retail F&B concept modelled…
Del Monte reported a profit for the quarter ending in January, reversing losses incurred in the previous period. For the past quarter, Del Monte achieved an US$8.46m ($12m) net profit, on the back of strong sales in Asian markets particularly in the…
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