Dive Brief: Del Monte Foods has filed for bankruptcy and is actively seeking a buyer for its longstanding 139-year-old business, citing challenges in a rapidly changing economic landscape. CEO Greg Longstreet acknowledged the difficulties faced by the iconic canned fruit…
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Monte
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Dole Packaged Foods has appointed Todd Stillwell, a logistics operations veteran, as the new VP of supply chain and manufacturing, as per a press release dated May 20. Stillwell, who previously worked at Del Monte Foods, will oversee Dole’s U.S.…
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Food News
Fresh produce giant Fresh Del Monte strikes deal to enter high-value specialty ingredients
Key Takeaways: Fresh Del Monte is acquiring a majority stake in Avolio, Uganda’s top supplier of bulk crude and edible avocado oil, to expand its specialty ingredients and innovation business. This strategic move allows Fresh Del Monte to produce premium…
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Food News
Thinking outside the can: Del Monte Foods puts Gen Z, millennials in its innovation ‘crosshairs’
Del Monte Foods: Innovating for a Younger Generation Del Monte Foods, a long-standing fruit and vegetable company, has been a household name for 138 years with its iconic cans and fruit cups. However, as Gen Z and millennials shape food…