FDP News & Events

Del Monte Foods, Inc., a division of Fresh Del Monte Produce Inc., reaffirmed its long-standing connection to Pittsburgh by making the city its central hub. "Pittsburgh has been an important part of our story for more than two decades," said Mohammad Abu-Ghazaleh, Fresh Del Monte Chairman and Chief Executive Officer. "As we look ahead, we are proud to deepen our presence here while continuing to invest in the people, partnerships and community that have supported us over the years."

Reports Q4 revenue $1.02B vs. $1.01B last year. "Fiscal 2025 reflected solid execution across the business, supported by pricing discipline, continued demand for our core categories, and a strong focus on cash flow," said Mohammad Abu-Ghazaleh, Fresh Del Monte's Chairman and CEO. "We closed the year with improved financial flexibility, reduced debt, and continued investment in our operations to support long-term performance. As we move into 2026, we remain focused on disciplined decision-making and thoughtful capital allocation as we evaluate opportunities ahead."

Fresh Del Monte Produce announced that the U.S. Bankruptcy Court has approved the Company as the purchaser of select assets of California-based Del Monte Foods Corporation II and its affiliates through a court-supervised sale under Section 363 of the U.S. Bankruptcy Code. The Court's decision represents a decisive legal milestone that clears the Transaction to advance into the pre-closing phase. With this approval in place, a key procedural step has been achieved, providing increased certainty as Fresh Del Monte completes customary regulatory reviews, including Hart-Scott-Rodino clearance, and satisfies remaining closing conditions.

Del Monte Foods Corporation II announced that it has received Court approval for three asset purchase agreements for substantially all of its assets and business operations as going-concern businesses. The Sale Transactions are: The sale to Fresh Del Monte Produce (FDP) of the company's vegetable, tomato, and refrigerated fruit business assets, including Del Monte and S&W packaged vegetable brands, Del Monte, Contadina, and Take Root Organics packaged tomato brands, Del Monte refrigerated fruit brand, and the JOYBA beverage brand, together with global ownership of the Del Monte brand and related intellectual property, subject to existing licensing arrangements; The sale to B&G Foods (BGS) of all assets in the broth & stock business segment, including College Inn and Kitchen Basics brands; and The sale to Pacific Coast Producers of the shelf-stable fruit business assets, including the rights and licenses to use the Del Monte and S&W brands for shelf-stable packaged ambient fruit and ambient fruit sauces, in the United States (including Puerto Rico) and Mexico. The Sale Transactions are expected to close in the first quarter and are subject to customary closing conditions.