date:Feb 20, 2014
This deal allows for complete focus on the strategic direction of the Del Monte brand, backed by a visionary and strategic parent in Del Monte Pacific, and positions us to capture significant growth opportunities as Del Monte Foods moves forward.
The deal paves the way for DMFI to expand its international market presence through DMPL's presence in the Philippines, and footprint in the Asian markets, while introducing new products into the US market from Asia.
DMPL chairman Rolando Gapud said