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The iconic canned fruits-and-vegetables brand has struggled to keep up with the changing grocery landscape, experts say.
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GlobalData on MSNDel Monte Foods enters Chapter 11 bankruptcy, seeks buyerThe US business, a unit of Del Monte Pacific, said a proposed sale is “the most effective way to accelerate our turnaround”.
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ADWEEK on MSNDel Monte Foods Files for Chapter 11 BankruptcyDel Monte Foods secured $912.5 million in financing, enabling it to continue its operations during this process.
The company, founded in 1886, said it was voluntarily initiating Chapter 11 proceedings, citing mounting debt, economic ...
The grocery brand, recognizable for its iconic green cans, is seeking to stay in business through restructuring.
Del Monte Foods is voluntarily filing for Chapter 11 bankruptcy and looking to sell its company to a new owner.
The company behind brands like College Inn and Kitchen Basics faces issues including rising debt, changing consumer habits ...
The company was founded in 1886 and employs 2,780 people. Del Monte has four plants, two in the United States and two in ...
The 139-year old company hosts names like canned fruits and vegetables brand Del Monte, College Inn, under which it sells ...
Fresh Del Monte Produce filed for bankruptcy in the U.S. Bankruptcy Court for the District of New Jersey, aiming to restructure its finances.
Updated Jul. 2 @ 12:30 pm Uber Freight, listed as an unsecured creditor of Del Monte in its filing, responded to the news ...
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