Del Monte Foods

This article is about the food company. For other uses, see Del Monte.
Not to be confused with Fresh Del Monte Produce.

Del Monte Foods Inc.
Company typePrivate
IndustryFood processing
Founded1886; 138 years ago (1886)
Headquarters205 North Wiget Lane
Walnut Creek, California, United States
Area served
Worldwide
Key people
Gregory Longstreet (CEO)
ProductsCanned fruit, fruit cups, canned vegetables, frozen vegetables, stock, broth, sauce, bubble tea, and others
OwnerDel Monte Pacific Limited[1]
Number of employees
Decrease 7,000 (2022)[2]
ParentNutriAsia
SubsidiariesCollege Inn Foods, S&W Fine Foods, Inc, Contadina Foods Inc, DLM Foods, LLC, Industrias Citricolas de Montemorelos S.A. de C.V[3]
Websitewww.delmonte.com Edit this at Wikidata

Del Monte Foods Inc. (trading as Del Monte Foods) is an American food production and distribution company[4] and subsidiary of NutriAsia, headquartered in Walnut Creek, California.[5] Del Monte Foods is one of the largest producers, distributors and marketers of branded processed food for the U.S. retail market, generating approximately $1.73 billion of annual sales.[6] Its portfolio of brands includes Del Monte, S&W, Contadina, College Inn, Kitchen Basics, Joyba, and Take Root.[7][8] Greg Longstreet is the current Chief Executive Officer of Del Monte Foods.[9] Several Del Monte products hold the number one or two market share position.[10] The company also produces, distributes and markets private-label food.

In 2014, Del Monte Foods, Inc. was acquired by the Philippines' Campos Group-owned Del Monte Pacific Limited in an acquisition deal that cost US$1.67 billion.[11] The pet food division of Del Monte Foods, Inc. was not part of the deal and continued to operate as a separate company under the name Big Heart Pet Brands, Inc.[12][13] The J.M. Smucker Company acquired Big Heart Pet Brands in 2015 for $5.8 billion.[14]

  1. ^ C. O. Sison, Ignacio (August 13, 2015). SEC Form 17-A (Report). Philippine Stock Exchange.
  2. ^ "Del Monte CEO gives storied brand a modern update". Biz Journals. August 19, 2022. Retrieved August 28, 2023.
  3. ^ "SUBSIDIARIES OF DEL MONTE FOODS COMPANY". SEC. Retrieved August 28, 2023.
  4. ^ "Locations".
  5. ^ "Company Fact Sheet." Archive
  6. ^ "Del Monte Foods Holdings Limited and Subsidiaries Consolidated Financial Statements" (PDF). Del Monte Foods. April 30, 2023. Retrieved August 20, 2023.
  7. ^ "Del Monte Foods Acquires Kitchen Basics; Greg Longstreet and Bibie Wu Comment". Deli Market News by Jenna Plasterer. August 5, 2022. Retrieved August 20, 2023.
  8. ^ "Del Monte Brings Joyba Bubble Tea to U.S. Retail Stores Like Costco, Target by Aaron Kiel". World Tea News. October 20, 2021. Retrieved August 20, 2023.
  9. ^ "Nils Lommerin: Executive Profile & Biography - Businessweek". Businessweek.com. August 11, 2023.[dead link‍]
  10. ^ "Investor Fact Sheet". Del Monte Foods. September 2011. Archived from the original on January 13, 2016. Retrieved November 8, 2011.
  11. ^ C. Dumlao, Doris (February 19, 2014). "Campos group completes $1.67B buyout of Del Monte's US business". Philippine Daily Inquirer.
  12. ^ D. Oravecs, John (February 19, 2014). "Del Monte changes name to Big Heart Pet Brands as sale completed". TribLive.
  13. ^ "Del Monte Pacific acquires Del Monte canned food business". The Packer. February 19, 2014. Archived from the original on August 12, 2016. Retrieved July 20, 2016.
  14. ^ Mackinnon, Jim (February 3, 2015). "J.M. Smucker adds major pet food brands in 'transformational' $5.8 billion purchase". Akron Beacon Journal. Retrieved June 27, 2022.