NYSE:FDPFood
Fresh Del Monte Unite Brand Rights Raising Questions On Margins And Growth
Fresh Del Monte Produce (NYSE:FDP) has completed the acquisition of key assets and global brand rights from Del Monte Foods Corporation II Inc.
The transaction reunites the Del Monte brand under a single owner for the first time in nearly forty years.
The deal consolidates worldwide control of the Del Monte name, covering both fresh and packaged products.
Fresh Del Monte Produce, known primarily for its fresh fruit and vegetable business, now holds full global rights to the Del Monte brand...