Del Monte Foods filed Chapter 11 bankruptcy in July 2025 and its assets were sold at auction to three companies on Jan. 6.  PCP was the successful bidder for Del Monte Foods canned fruit business ...
The US group’s assets are being sold off and the new owners do not need the factory.
A buyer did not come forward for the Modesto fruit cannery.
Add Yahoo as a preferred source to see more of our stories on Google. Del Monte Foods will close its Modesto fruit cannery, a loss of about 600 year-round jobs and 1,200 more during the harvest. A ...
Del Monte Foods has selected three winning bidders in its court-supervised auction, the company announced. In a news release issued Thursday, Jan. 15, Del Monte Foods said the proposed transactions ...
Workers sort apricots at the Del Monte Foods cannery in Modesto, California, in 2009. John Holland Del Monte Foods will close its Modesto fruit cannery, a loss of about 600 year-round jobs and 1,200 ...
Del Monte Foods, one of the oldest food companies in the U.S. remains under Chapter 11 bankruptcy protection as it continues to seek a buyer. The company, known for selling canned fruits and ...
It is rare that I am bullish about companies in the food industry. This is especially true of more commoditized products like bananas, fresh cut fruit, avocados, and more. This is because this is a ...