Del Monte mulls sale of canned food business
date:Jun 18, 2013
sia. The deal is in line with the company's long-term strategy to further strengthen its pet food and snacks brand portfolio.

For the third quarter of 2013, the company reported net income of $28.3m, while net sales totalled $1.02bn.

In 2011, Del Monte Foods was acquired by an investor group led by funds affiliated with Kohlberg Kravis Roberts, Vestar Capital Partners and Centerview Capital in a deal worth approximately $4bn.
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