ConAgra completes acquisition of Del Monte Canada

- Last updated on GMT

Related tags: Del monte, Vegetable, Tomato

ConAgra Foods has completed a deal to buy packaged fruit, veg and snacks maker Del Monte Canada Inc. from an affiliate of Sun Capital Partners for an undisclosed sum, the company has said.

The deal includes all Del Monte branded packaged fruit, fruit snacks and vegetable products sold in Canada, plus Aylmer tomato products, along with a manufacturing facility in Dresden, Ontario, and offices in Toronto, Ontario.

However, Del Monte fresh produce, juices, and Aylmer soups will remain under separate ownership.

Chief executive Gary Rodkin said in January that the deal reflected ConAgra’s strategy to grow its core business, expand into strategic adjacencies and build its international presence.

Related topics: Manufacturers

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