Fresh Del Monte Produce
| File:Fresh Del Monte logo.svg | |
| Company type | Public |
|---|---|
| NYSE: FDP S&P 600 Component Russell 2000 Component | |
| Industry | Agriculture |
| Predecessor | Del Monte Corporation (fruit division) |
| Founded | 1989 |
| Headquarters | , |
Key people |
|
| Products | Fruit Tin Cans Juice Poultry |
| Revenue | Decrease US$4.32 billion (2023) |
Number of employees | 45,000 [1] |
| Website | freshdelmonte |
Fresh Del Monte Produce Incorporated is one of the world’s leading vertically integrated producers, distributors, and marketers of prepared, fresh and fresh-cut fruits and vegetables. Their products include prepared fruit and vegetables, juices, beverages, snacks, and desserts sold under the Del Monte brand in Europe, Middle East and Africa, as well as fresh products worldwide under the Del Monte, UTC, ROSY and other brands.
A key product is its Del Monte Gold pineapple.[2] Del Monte Kenya is a subsidiary of Fresh Del Monte Produce involved in the cultivation, production, and canning of pineapple products.
Fresh Del Monte also operates a shipping line called Network Shipping and has a trucking operation called Tricont Trucking. In addition, they have food and beverage operations that sell freshly prepared food products in convenient locations.
Fresh Del Monte Produce was created in 1989 when RJR Nabisco sold the fresh fruit division of Del Monte Foods to Polly Peck.[3] After the collapse of Polly Peck, Fresh Del Monte was sold to Mexican businessman Carlos Cabal Peniche. Cabal fled Mexico after being accused of fraud and the Mexican government seized Fresh Del Monte.[citation needed] Mohammed Abu-Ghazaleh purchased Fresh Del Monte in 1996.[4] The company went public in 1997.[5] Fresh Del Monte acquired Del Monte Europe in 2004.[6] In 2018, Fresh Del Monte Produce acquired American vegetable packer Mann Packing.[7]
Fresh Del Monte Produce is not affiliated with Del Monte Pacific Limited and its subsidiaries Del Monte Foods in the United States and Del Monte Philippines, Del Monte Panamerican in Central America, or Del Monte Asia Pte Ltd which is a part of the Kikkoman Corporation, however these companies continue to market pineapples, bananas, and other produce under a licensing agreement for the Del Monte label in their respective exclusive geographical territories.[8]
Fresh Del Monte Produce is incorporated in George Town, Cayman Islands. The U.S. executive office is located at 241 Sevilla Avenue, Coral Gables, Florida.[9]
See also
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References
[edit | edit source]- ^ FDP: Profile for FRESH DEL MONTE PRODUCE INC. - Yahoo! Finance
- ^ Fresh Del Monte Incorporated Website
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- ^ Fresh Del Monte FAQ
External links
[edit | edit source]- Official website
- Business data for Fresh Del Monte Produce:
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- Agriculture companies of the United States
- Food and drink companies of the United States
- Companies listed on the New York Stock Exchange
- Del Monte Foods
- Companies based in Miami-Dade County, Florida
- Agriculture companies established in the 19th century
- 1989 establishments in California
- Food and drink companies established in 1989
- American companies established in 1989
- Corporate spin-offs
- 1997 initial public offerings