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Fresh Del Monte Produce Inc. reaffirms independence from Del Monte Foods Inc

Published 18 hours ago2 minute read
Fresh-cut pineapples/ Fresh Del Monte

Fresh Del Monte Produce Inc. has clarified that it is a fully independent entity with no affiliation to Del Monte Foods Inc., which is currently undergoing litigation and bankruptcy proceedings.

The two companies operate entirely separately, and there is no shared ownership, governance or operational structure between them. 

“Fresh Del Monte Produce Inc. is not affiliated with certain other Del Monte companies around the world, including Del Monte Foods, Inc., the U.S. subsidiary of Del Monte Pacific Limited, Del Monte Canada, or Del Monte Asia Pte. Ltd,” a statement read. 

Del Monte Foods Inc. is owned by a U.S.-based company with a parent organisation headquartered in Singapore. 

In contrast, Fresh Del Monte Produce Inc. remains unaffected by any legal or financial issues facing Del Monte Foods Inc.

Although both companies use the Del Monte® brand under historical licensing agreements, they serve different markets and are governed by distinct ownership structures. 

Fresh Del Monte owns the rights to the Del Monte® brand for prepared food products in Europe, Africa and the Middle East. 

It is a symbol of product innovation, quality, freshness and reliability for over 135 years.

Del Monte Foods Inc. holds the rights for prepared food products in the United States but has no rights to fresh or fresh-cut fruit.

Fresh Del Monte stated that it continues to operate with financial strength, strategic focus and stability.

It added that it remains committed to delivering long-term value and high-quality Del Monte®-branded products. 

The company will report its second-quarter 2025 results during its scheduled earnings call on Wednesday, July 30, 2025.

Fresh Del Monte Inc. is headquartered in Coral Gables, FL, with operations in over 90 countries.

It is a global leader in fresh and fresh-cut produce, and an industry leader in pineapple innovation.

Del Monte Foods Inc. was founded in 1886 in California and eventually became one of the nation's leading packaged fruit sellers.

On Thursday, it filed for bankruptcy, with all of its assets up for sale.

In a statement, the company announced that it was pursuing a “value-maximising” sale process as part of an overall “strategic balance-sheet restructuring”

“This is a strategic step forward for Del Monte Foods,” Del Monte Foods President and CEO Greg Longstreet said.

“After a thorough evaluation of all available options, we determined a court-supervised sale process is the most effective way to accelerate our turnaround and create a stronger and enduring Del Monte Foods.”

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The Star
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