M&A Deal Summary

Del Monte Pacific Acquires Del Monte Foods’ Consumer Products Business

On February 18, 2014, Del Monte Pacific acquired food company Del Monte Foods’ Consumer Products Business from Del Monte Foods for 168M USD

Acquisition Highlights
  • This is Del Monte Pacific’s 1st transaction in the Food sector.
  • This is Del Monte Pacific’s largest (disclosed) transaction.
  • This is Del Monte Pacific’s 1st transaction in the United States.

M&A Deal Summary
Date 2014-02-18
Target Del Monte Foods’ Consumer Products Business
Sector Food
Buyer(s) Del Monte Pacific
Sellers(s) Del Monte Foods
Deal Type Divestiture
Deal Value 168M USD

Target

Del Monte Foods’ Consumer Products Business

United States
Del Monte Foods’ Consumer Products Business provides food products in US.

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Buyer(S) 1

Buyer

Del Monte Pacific

British Virgin Islands, United Kingdom

website

Category Company
Founded 1886
Sector Food
Revenue 2.3B USD (2022)
DESCRIPTION

Del Monte Pacific engages in processing, manufacturing, and packing pineapple and tomato products. Del Monte Pacific was founded in 1886 and is based in Taguig, Phillippines.

DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Del Monte Foods

San Francisco, California, United States

website

Category Company
Sector Food
DESCRIPTION

Del Monte Foods, Inc. provides food products in US.

DEAL STATS #
Overall 2 of 3
Sector (Food) 2 of 3
Type (Divestiture) 2 of 3
Country (United States) 2 of 3
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-01-01 Riverbend Foods

Pittsburgh, Pennsylvania, United States

Riverbend Foods LLCis a manufacturer of soups, broths, gravies, and infant feeding products sold in cans, jars and TetraRecart cartons. Riverbend Foods is based in Pittsburgh, Pennsylvania.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-11 Sager Creek Vegetable

Siloam Springs, Arizona, United States

Sager Creek Vegetable Co., Inc. is a producer of specialty vegetables for the Foodservice and Retail markets. The company manufactures well-known brands including Veg-all®, Freshlike®, Popeye®, Princella® Trappey's® and Allens®, among others.

Buy $75M
Mergr

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