24 October 2013
Singapore-based food and drink group Del Monte Pacific has booked an increase in underlying third-quarter profits on the back of higher branded and own-label sales.
14 October 2013
Last week's coverage has been dominated by two highlights of the food industry calendar. The first, industry trade show Anuga, saw just-food speaking to a number of up-and-coming companies, such as US kefir maker Lifeway Foods, about their export plans. The second, The World Retail Congress in Paris, provided us with an opportunity to delve into the emerging trends and hear from the great and the good of the food retail sector.
11 October 2013
Singapore- and Manila-listed Del Monte Pacific Ltd has entered into an agreement to acquire the consumer foods unit of Del Monte Foods for US$1.68bn.
2 October 2013
Nestle has said there will be some disposals from its portfolio in order to create what the world's largest food manufacturer called a "more flexible, more agile, crisp" organisation.
11 September 2013
Lower costs helped boost Del Monte Foods' first-quarter profits but the US group's consumer food sales tumbled.
14 August 2013
Sinagpore-based Del Monte Pacific has booked an increase in first-half profits, helped by revenues in the Philippines, its largest market for branded sales.
10 July 2013
US food groups Fresh Del Monte Produce and Pinnacle Foods are understood to be considering offers for the canned food business of Del Monte Foods.
24 June 2013
US food groups General Mills and ConAgra Foods report their annual results next week. Meanwhile, US peer Hormel Foods holds its annual investor day.
21 June 2013
Del Monte Foods is said to be looking to offload its canned food business. Such a deal may not come as a surprise to industry observers given the increasing competition it faces in North America and its focus on pet food but Michelle Russell takes a look at why it might look to divest the unit and who might buy
21 June 2013
Del Monte Foods saw earnings and sales climb in fiscal 2012/13, as sales and operating income from pet and consumer foods increased.
14 June 2013
Del Monte Foods is understood to be exploring the possible sale of its canned food business.
11 June 2013
Shares in Singapore-based Del Monte Pacific have started trading in the Philippines, the second listing for the food and drinks group.
2 April 2013
Fresh Del Monte Produce said it is "pleased" with a US court ruling that has served an injunction against Del Monte Foods in the two companies' dispute over the Del Monte trademark.
8 March 2013
A drop in sales and higher marketing spend hit third-quarter profits from Del Monte Foods' consumer food business.
7 December 2012
Lower second-quarter sales and investment in marketing has hit half-year profits from Del Monte Foods' consumer food business.
just-food's research round-up: Global bakery trends, European dairy industry outlook, stevia in the global sweeteners market
7 December 2012
The latest batch of reports from the just-food research store includes a look at bakery trends, a European dairy industry outlook to 2020, and how stevia will change the sweeteners market.
10 September 2012
Del Monte Foods has moved to a net profit in the first quarter of its financial year on the back of an increase in sales.
22 June 2012
Another quarter of lower sales of consumer products has hit overall revenue at Del Monte Foods.
16 April 2012
After a relaxing Easter break, news of another piece of M&A in the UK food sector emerged with a potential management buy-out at cake maker Lees Foods. Later in the week, another UK manufacturer, Adelie Food Holdings, made the headlines with news of its sale to an Indian buyer. Embattled retailers Carrefour and US grocer Supervalu Inc providing trading updates to the market. And, our pages carried an exclusive interview with the chairman and CEO of Spanish food manufacturer Ebro Foods. Click on the headlines for more.
10 April 2012
Fresh Del Monte Produce has won a false advertising and breach of contract lawsuit against fellow US food group Del Monte Foods.
12 March 2012
Del Monte Foods reported falling sales and profits from its consumer foods arm as it booked a decline in earnings for the third quarter of its financial year.
8 February 2012
US snack maker Diamond Foods has replaced its CEO and CFO after an internal investigation found the company had incorrectly accounted for payments to walnut growers.
12 December 2011
Del Monte Foods has reported a half-year loss of over US$10m after higher input costs and charges relating to the sale of the company in March hit its bottom line.
2 December 2011
A judge has approved a US$89.4m settlement for Del Monte Foods shareholders who claimed they lost out when the company was sold to a group of private-equity firms led by KKR for $5bn.
29 November 2011
The US Department of Justice has opened a probe into the US$5bn takeover of Del Monte Foods, according to reports.
28 October 2011
Del Monte Foods has appointed former Campbell Soup Co. executive Carl Johnson to the newly-created role of executive vice president of brands.
12 September 2011
Costs linked to last year's takeover of Del Monte Foods - and higher commodity prices - have led the US food group to post a quarterly loss.
8 August 2011
FieldFresh Foods, a venture between India's Bharti Enterprises and Singapore-listed Del Monte Pacific, has launched pasta sauces across India.
17 June 2011
Costs linked to the takeover of Del Monte Foods earlier this year has hit annual profits at the US canned food maker.
16 June 2011
J.P. Bilbrey, the interim president and CEO at Hershey, has been handed the job on a permanent basis.