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In 2014, Del Monte Foods, Inc. was acquired by the Philippines' Campos Group-owned Del Monte Pacific Limited in an acquisition deal that cost US$1.67 billion. [11] The pet food division of Del Monte Foods, Inc. was not part of the deal and continued to operate as a separate company under the name Big Heart Pet Brands, Inc. [ 12 ] [ 13 ] The J.M ...
Since then, Del Monte Pacific Limited is a wholly-owned subsidiary of NutriAsia. [ 11 ] In 2009, the company's subsidiaries include Southeast Asia Food, Inc. (SAFI) and UFC Philippines, Inc. were absorbed into the holding company NutriAsia, Inc. [ 4 ]
Del Monte Pacific Limited ( SGX:D03 ), might not be a large cap stock, but it received a lot of attention from a...
Rating Action: Moody's upgrades Del Monte Foods' CFR to B2; outlook is stableGlobal Credit Research - 20 Jan 2022New York, January 20, 2022 -- Moody's Investors Service ("Moody's") upgraded the ...
Big Heart Pet Brands was previously the pet food division of Del Monte Foods prior to their 2014 sale to Del Monte Pacific Limited. [3] They generated approximately $2.0 billion in net sales in fiscal 2013.
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In 2005, the company made its biggest overseas acquisition with the takeover of National Foods Ltd., Australia's largest publicly traded dairy, which it bought for P80.38 billion. That was followed later in the year with its $420-million purchase of Singapore-based Del Monte Pacific Ltd., the region's largest pineapple canner.
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