Fresh Del Monte Produce Inc. has been selected as the successful bidder to acquire select assets of Del Monte Foods Corporation II Inc. and its affiliates for $285 million, plus the assumption of certain liabilities. The deal will reunite the Del Monte brand under single ownership for the first time in nearly 40 years, integrating both fresh and shelf-stable foods under one unified strategy. Excluded from the transaction are canned fruit and other ambient packaged fruit and fruit sauce products for the U.S., Puerto Rico, and Mexico under the Del Monte and S&W brands, as well as the broth and stock businesses under the College Inn and Kitchen Basics brands. The acquisition is expected to close by the end of the first quarter of 2026, pending necessary approvals. Fresh Del Monte plans to manage the acquired brands through a dedicated business unit, with no immediate changes anticipated for products on shelves.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fresh Del Monte Produce Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260114770406) on January 15, 2026, and is solely responsible for the information contained therein.