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Events / Del Monte Foods Completes Asset Sales
Business asset sale

Del Monte Foods Completes Asset Sales

Analysis based on 8 articles · First reported Feb 06, 2026 · Last updated Mar 19, 2026

Sentiment
20
Attention
2
Articles
8
Market Impact
Direct
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Market Impact

The successful completion of these asset sales by Del Monte Pacific Limited===Del Monte Foods is expected to have a positive impact on the packaged food industry, as the acquired businesses are now under the ownership of strategic operators like Fresh Del Monte Produce and B&G Foods, who are well-positioned for continued success. This event provides clarity and stability for the brands involved.

Food processing Packaged foods
Event Summary

Del Monte Pacific Limited===Del Monte Foods Corporation II Inc. has successfully completed three previously announced sale transactions for substantially all of its assets and business operations. These transactions include the sale of its vegetable, tomato, and refrigerated fruit business assets to Fresh Del Monte Produce Inc., the broth & stock business segment to B&G Foods, Inc., and the shelf-stable fruit business assets to Pacific Coast Producers. The sales include various well-known brands such as Del Monte, S&W, Contadina, Take Root Organics, JOYBA, College Inn, and Kitchen Basics. Greg Longstreet, CEO of Del Monte Pacific Limited===Del Monte Foods, stated that these transactions mark an important milestone, positioning the iconic brands under strong ownership for future success. The company also provided information regarding its Chapter 11 process and advisors involved in the transactions.

Key Actions
100 Del Monte Pacific Limited===Del Monte Foods completed three sale transactions for business segments
90 Fresh Del Monte Produce acquired vegetable, tomato, and refrigerated fruit business assets Del Monte Pacific Limited===Del Monte Foods
85 B&G Foods acquired broth & stock business segment assets Del Monte Pacific Limited===Del Monte Foods
80 Pacific Coast Producers acquired shelf-stable fruit business assets and brand licenses Del Monte Pacific Limited===Del Monte Foods
Entities Involved
subs
Del Monte Pacific Limited===Del Monte Foods
Del Monte Pacific Limited===Del Monte Foods successfully completed the sale of substantially all of its assets and business operations, including its vegetable, fruit, tomato, and broth & stock businesses. This marks an important milestone for the company, positioning its brands under new ownership.
Importance 100 Sentiment 50
stock
Fresh Del Monte Produce
Fresh Del Monte Produce acquired Del Monte Pacific Limited===Del Monte Foods' vegetable, tomato, and refrigerated fruit business assets, including several key brands and global ownership of the Del Monte brand. This acquisition expands its product portfolio and market reach.
Importance 80 Sentiment 20
stock
B&G Foods
B&G Foods acquired all assets in Del Monte Pacific Limited===Del Monte Foods' broth & stock business segment, including the College Inn and Kitchen Basics brands. This strengthens B&G Foods' position in the broth and stock market.
Importance 70 Sentiment 15
priv
Pacific Coast Producers
Pacific Coast Producers acquired Del Monte Pacific Limited===Del Monte Foods' shelf-stable fruit business assets, including rights and licenses to use the Del Monte and S&W brands for shelf-stable packaged ambient fruit in the United States and Mexico. This expands its offerings in the shelf-stable fruit category.
Importance 60 Sentiment 10
stock
Del Monte Pacific Limited
Del Monte Pacific Limited===Del Monte Foods entities are U.S. indirect subsidiaries of Del Monte Pacific Limited. The successful sale transactions by Del Monte Pacific Limited===Del Monte Foods will likely have a positive, albeit indirect, impact on Del Monte Pacific Limited.
Importance 40 Sentiment 10
per
Greg Longstreet
As CEO of Del Monte Pacific Limited===Del Monte Foods, Greg Longstreet oversaw the successful completion of the sale transactions, expressing gratitude to the team and stakeholders.
Importance 30 Sentiment 0
Relationships
Del Monte Pacific Limited===Del Monte Foods related ↔ Del Monte Pacific Limited
Greg Longstreet related ↔ Del Monte Pacific Limited===Del Monte Foods
Del Monte Pacific Limited===Del Monte Foods related ↔ Fresh Del Monte Produce
Del Monte Pacific Limited===Del Monte Foods related ↔ B&G Foods
Fresh Del Monte Produce related ↔ B&G Foods
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