Fresh Del Monte Produce

Fresh Del Monte Produce Inc.

Type| Public

Traded as

| NYSE: FDP
S&P 600 Component
Russell 2000 Component
Industry| Agriculture
Predecessor| Del Monte Corporation (fruit division)
Founded| 1989; 37 years ago (1989)
Headquarters|

Coral Gables, Florida

U.S.

Key people

* Mohammad Abu-Ghazaleh (Chairman & CEO)
* Mohammed Abbas (EVP & COO)
* Monica Vicente (SVP & CFO)

Products| Fruit
Tin Cans
Juice
Poultry
Revenue|  US$4.32 billion (2023)

Number of employees

| 45,000 [1]
Website| freshdelmonte.com

Fresh Del Monte Produce Incorporated is one of the world’s leading vertically integrated producers, distributors, and marketers of prepared, fresh and fresh-cut fruits and vegetables. Incorporated in George Town, Cayman Islands, its US executive office is located at 241 Sevilla Avenue, Coral Gables, Florida.[2]

Their products include prepared fruit and vegetables, juices, beverages, snacks, and desserts sold under the Del Monte brand in Europe, Middle East and Africa, as well as fresh products worldwide under the Del Monte, UTC, ROSY and other brands. A key product is its Del Monte Gold pineapple.[3]

Fresh Del Monte also operates a shipping line called Network Shipping and has a trucking operation called Tricont Trucking. In addition, they have food and beverage operations that sell freshly prepared food products in convenient locations.

## Contents

* 1 History
* 2 Other companies with the name Del Monte
* 3 See also
* 4 References
* 5 External links

## History

Fresh Del Monte Produce (FDMP) was created in 1989 when RJR Nabisco sold the fresh fruit division of Del Monte Foods to Polly Peck.[4] Later, Mexican businessman Carlos Cabal Peniche acquired FDMP after Polly Peck collapsed.

After Peniche fled Mexico and his company was seized by that country's government, Fresh Del Monte was acquired by Mohammed Abu-Ghazaleh in 1996[5] and went public a year later.[6] Later, it acquired Del Monte Europe in 2004[7] and the American vegetable packaging company Mann Packing in 2018.[8]

In January 2026, it was announced that FDMP had agreed to acquire the bulk of assets of California-based Del Monte Foods for approximately $285 million through a court-supervised sale under Section 363 of the U.S. Bankruptcy Code. The assets to be acquired include Del Monte Foods’ vegetable, tomato and refrigerated fruit businesses and associated brands and facilities, with the deal subject to final court approval and customary regulatory clearances.[9]

## Other companies with the name Del Monte

Del Monte Kenya is a subsidiary of Fresh Del Monte Produce involved in the cultivation, production, and canning of pineapple products.

However, the Florida-based company is not affiliated with Del Monte Pacific Limited and its subsidiaries Del Monte Foods in the United States and Del Monte Philippines, Del Monte Panamerican in Central America, or Del Monte Asia Pte Ltd which is a part of the Kikkoman Corporation.

Except for its Kenyan unit, the firms using the name continue to market pineapples, bananas, and other produce under a licensing agreement for the Del Monte label in their respective exclusive geographical territories.[10]

## See also

* Chiquita Brands International
* Dole Food Company
* Fyffes

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## References

1. ↑ FDP: Profile for FRESH DEL MONTE PRODUCE INC. - Yahoo! Finance
2. ↑ Fresh Del Monte FAQ
3. ↑ Fresh Del Monte Incorporated Website
4. ↑ "British Conglomerate to Buy Part of Del Monte From RJR". Los Angeles Times. Associated Press. 1989-09-08. ISSN 0458-3035. https://www.latimes.com/archives/la-xpm-1989-09-08-fi-1943-story.html.
5. ↑ "Arabian Business Power 500 2013 – ArabianBusiness.com". http://www.arabianbusiness.com/arabian-business-power-500-2013-493796.html?view=profile&itemid=493682#.VNgYGS6xWDg. Retrieved 2015-02-09.
6. ↑ "Fresh Del Monte Sells 16 Million Shares At $16 – Orlando Sentinel". https://www.orlandosentinel.com/1997/10/24/fresh-del-monte-sells-16-million-shares-at-16/.
7. ↑ "COMPANY NEWS; FRESH DEL MONTE TO BUY DEL MONTE FOODS EUROPE". The New York Times. 2004-07-16. ISSN 0362-4331. https://www.nytimes.com/2004/07/16/business/company-news-fresh-del-monte-to-buy-del-monte-foods-europe.html. Retrieved 2015-02-09.
8. ↑ "Del Monte agrees to buy Mann Packing for $361m". The Salinas Californian. https://www.thecalifornian.com/story/news/2018/02/06/del-monte-buys-mann-packing-361-million/310714002/. Retrieved 2018-09-04.
9. ↑ Mishra, Shivam (2026-01-16). "Fresh Del Monte acquires bulk of Del Monte Foods' assets" (in en-US). https://www.just-food.com/news/del-monte-foods-asset-acquisition/.
10. ↑ "Other Del Monte Companies". Del Monte Pacific Limited. https://www.delmontepacific.com/dmpl_worldwide-0/other-del-monte-companies.

## External links

* Official website
* Business data for Fresh Del Monte Produce:

* Google Finance
* Yahoo! Finance
* Bloomberg
* Reuters
* SEC filings

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