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Del Monte Foods
Del Monte Foods, Inc (trading as Del Monte Foods) is a North American food production and distribution company headquartered at 3003 Oak Road, Walnut Creek, California, USA. Del Monte Foods is one of the country's largest producers, distributors and marketers of branded processed food for the U.S. retail market, generating approximately $1.8 billion of annual sales. Its portfolio of brands includes Del Monte, S&W, Contadina, College Inn, Fruit Burst, Fruit Naturals, Orchard Select and SunFresh. Gregory Longstreet is the current Chief Executive Officer of the Del Monte Foods. Several Del Monte products hold the number one or two market share position. The company also produces, distributes and markets private-label food.
In 2014, Del Monte Foods, Inc. was acquired by the Filipino multinational food and beverage company Del Monte Pacific Limited in an acquisition deal that cost US$1.67 billion. Assets that were under Del Monte Foods, Inc. but were not part of the deal, continued to operate as a separate company under the name Big Heart Pet Brands, Inc.
In 2014, Del Monte Foods, Inc. was acquired by the Filipino multinational food and beverage company Del Monte Pacific Limited in an acquisition deal that cost US$1.67 billion. Assets that were under Del Monte Foods, Inc. but were not part of the deal, continued to operate as a separate company under the name Big Heart Pet Brands, Inc.