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.
ConAgra Foods has struck 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 Center for Science in the Public Interest (CSPI) has attacked a lawsuit filed by Del Monte against the Food and Drug Administration (FDA), saying it could have a chilling effect on the willingness of health officials to recall potentially lethal foods.
David J. West has resigned from the top job at Hershey’s to take on the role of CEO at Del Monte – and John P. Bilbrey has been appointed as interim president and CEO at The Hershey Company.
Kohlberg Kravis Roberts & Co. (KKR), Vestar Capital Partners and Centerview Partners have signed a definitive agreement to acquire Del Monte Foods for $19 a share, or about $5.3bn including debt, Del Monte has said.
An immigration raid this week on a Fresh Del Monte Produce
processing plant indicates that federal officials are continuing
their campaign to crack down on the industry's use of illegal
labour.
Most Americans are unaware of the nation's new dietary guidelines,
but a strong majority of consumers say they would like to see
companies offering more health tips on their product labels,
according to a new study.
