Fresh Del Monte Forms Strategic Alliance with Thaco Agri
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 26 2025
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Strategic Partnership: Fresh Del Monte has formed a strategic partnership with Thaco Agri, the agricultural division of Vietnam's Thaco Group.
Banana Sourcing: The agreement focuses on a long-term partnership for sourcing bananas from Thaco Agri's operations.
Pineapple Cultivation: Thaco Agri will also develop dedicated areas for pineapple cultivation to fulfill Fresh Del Monte's demand.
Long-term Goals: This partnership aims to enhance the supply chain and meet the growing demand for these fruits.
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About FDP
Fresh Del Monte Produce Inc. is a vertically integrated producer, marketer and distributor of fresh and fresh-cut fruit and vegetables as well as a producer and distributor of prepared food in Europe, Africa and the Middle East. It markets its products under the DEL MONTE brand, MANN brand and other related trademarks. Its segment includes fresh and value-added products, banana, and other products and services. Fresh and value-added products segment includes pineapples; fresh-cut fruit; fresh-cut vegetables, which include fresh-cut salads; melons; vegetables; non-tropical fruit, which includes grapes, apples, citrus, blueberries, strawberries, pears, peaches, plums, nectarines, cherries and kiwis; other fruit and vegetables, avocados, and prepared foods, including prepared fruit and vegetables, juices, other beverages, and meals and snacks. Other products and services segment includes its third-party freight and logistic services business and its Jordanian poultry and meats business.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Del Monte Foods Reaches Asset Purchase Agreements, Ensuring Business Continuity
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Del Monte Foods Reaches Asset Purchase Agreements Across Multiple Business Segments
- Asset Purchase Agreements: Del Monte Foods has reached asset purchase agreements with three successful bidders covering its vegetable, tomato, and refrigerated fruit businesses, expected to provide a clear path forward for the company’s assets and operations under new ownership.
- Brand Value Realization: The transactions include the sale of assets related to well-known brands such as Del Monte® and S&W® to Fresh Del Monte Produce Inc., demonstrating the enduring value of Del Monte's brands and enhancing its competitive position in the market.
- Court Approval Process: All transactions are subject to approval by the U.S. Bankruptcy Court in New Jersey, with a hearing scheduled for January 28, 2026, and if approved, the transactions are expected to close by the end of Q1 2026, ensuring a smooth transition of operations.
- Commitment to Ongoing Operations: Despite the asset sale process, Del Monte Foods continues to serve customers and fulfill orders, committing to maintain high-quality food products and support for team members and suppliers during the transition period.
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