Fresh Del Monte selected successful bidder for Del Monte Foods assets for $285M

FRESH DEL MONTE PRODUCE INC

$285M purchase price plus liability assumption; court hearing Jan 28, closing in Q1 2026.
Transaction reunifies Del Monte brand under single owner for first time in nearly 40 years.
Acquired assets: Del Monte, S&W, Contadina, JOYBA, and Take Root Organics brands; facilities in US, Mexico, Venezuela.
Excluded: canned fruit, broth/stock businesses (College Inn, Kitchen Basics); financing via cash and revolver.

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