Del Monte publishes investor presentation outlining strategy for long-term profitable growth

Del Monte outlined a strategic shift toward higher-margin branded, value-added categories, highlighted by a Del Monte Foods asset purchase under U.S. bankruptcy rules.

• Purchase price: $285 million for canned vegetables, tomato products, refrigerated fruit assets, associated brands, and selected facilities across the U.S., Mexico, and Venezuela.
• Portfolio reshaping included selling the Mann Packing business in December 2025 to refocus on core fresh fruit and specialty products.
• Full-year 2025 revenue was $4.3 billion; regional mix was North America 56%, Europe 21%, Asia 10%, Middle East 9%, and other 4%.
• Q2 2026 net sales were $1.22 billion; adjusted EBITDA was $72 million; adjusted diluted EPS was $0.72; gross margin was 9.9%.