{"schema_version":"secwatch.filing_event.v1","accession":"0001047340-26-000009","form_type":"8-K","ticker":"FDP","cik":"0001047340","company_name":"FRESH DEL MONTE PRODUCE INC","filed_at":"2026-02-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.460233+00:00","generated_at":"2026-05-16T02:54:25.236611+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"FDP acquires Del Monte Foods' canned/refrigerated food, Joyba bubble tea biz for $285M in bankruptcy sale","bullets":["Court-approved asset purchase of canned vegetables, tomato, refrigerated fruit and bubble tea businesses under Del Monte, S&W, Contadina, Joyba brands.","Purchase price of $285M plus assumption of certain liabilities; funded from cash on hand and existing revolving credit facility.","Acquisition includes four US facilities, two in Mexico, one in Venezuela, and global ownership of Del Monte brand subject to existing licenses.","Expected closing in Q1 2026, subject to HSR clearance and other customary conditions; deal emerged from competitive Section 363 auction.","Seller Del Monte Foods is in Chapter 11; FDP was selected as successful bidder following bankruptcy court auction process."],"urls":{"canonical":"https://secwatch.observer/filing/0001047340-26-000009","json":"https://secwatch.observer/filing/0001047340-26-000009.json","markdown":"https://secwatch.observer/filing/0001047340-26-000009.md","text":"https://secwatch.observer/filing/0001047340-26-000009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1047340/000104734026000009/0001047340-26-000009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1047340/000104734026000009/fdp-20260206.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T02:54:25.236611+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"948d5afa1dcb41064e9dff2fc94604f9cdd28e84","claim":"FRESH DEL MONTE PRODUCE INC entered into Asset Purchase Agreement with Del Monte Foods Holdings Limited and certain of its affiliates (collectively “Del Monte Foods”, acting in their capacity as the Seller thereunder) valued at $285 million plus assumption of certain liabilities (effective 2026-02-06).","evidence_excerpt":"On February 6, 2026, the U.S. Bankruptcy Court for the District of New Jersey (the “Court”) entered a sale order and approved the Asset Purchase Agreement (the “Asset Purchase Agreement”) by and among Fresh Del Monte Produce Inc. (the “Company” or “FDP” acting in its capacity as the Buyer thereunder), Del Monte Foods Holdings Limited and certain of its affiliates (collectively “Del Monte Foods”, acting in their capacity as the Seller thereunder).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1047340/000104734026000009/0001047340-26-000009-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Del Monte Foods Holdings Limited and certain of its affiliates (collectively “Del Monte Foods”, acting in their capacity as the Seller thereunder)"},{"label":"Value","value":"$285 million plus assumption of certain liabilities"},{"label":"Effective","value":"2026-02-06"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}