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Del Monte Pacific Limited Completes Purchase of Del Monte Foods' Consumer Products Business

2014-02-21 05:18:41| dairynetwork News Articles

Del Monte Pacific Limited (DMPL) (Bloomberg: DELM SP, DMPL PM) today announced that it has closed, through a subsidiary, the purchase of Del Monte Foods (DMF) Consumer Products business for US$1.675 billion, after receiving associated regulatory approvals and shareholder consent and completing customary closing conditions. Under the terms of the agreement, DMPL has purchased DMFs Consumer Products brands, including food product brands Del Monte, Contadina, College Inn, S&W and certain assets, and assumes certain

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