On the Record · Del Monte
Del Monte acquisitions, on the record
The businesses Del Monte bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
two distribution centers in Saudi ArabiaWord for word“Upon the closing of the sale of the Saudi Arabian assets in the first quarter of 2023, we completed the 2020 Optimization Program.” 10-K for 2023 | divestiture | first quarter of 2023 | — |
plastics business subsidiary in South AmericaWord for word“Net cash provided by investing activities for 2023 primarily consisted of proceeds from the sale of property, plant and equipment and subsidiary of $119.9 million, primarily relating to the sale of two distribution centers in Saudi Arabia, an idle production facility in North America, land assets in South and Central America, and proceeds from the sale of our plastics business subsidiary in South America for total purchase consideration of $16.5 million, of which we received $14.0 million.” 10-K for 2023 | divestiture | — | total purchase consideration of $16.5 million |
remaining 25% interest in one of our Mann Packing subsidiariesWord for word“Net cash used in financing activities for 2023 primarily consisted of (i) net payments on long-term debt of $139.8 million, (ii) dividends paid of $35.9 million, (iii) distributions to noncontrolling interests of $17.9 million, including a distribution to our minority partner in Saudi Arabia in connection with the sale of the two distribution centers completed in the first quarter of 2023, (iv) repurchase and retirement of ordinary shares of $11.8 million and (v) a $5.2 million payment to acquire the remaining 25% interest in one of our Mann Packing subsidiaries, as the noncontrolling shareholder exercised its put option during the second quarter of 2023.” 10-K for 2023 | acquisition | second quarter of 2023 | $5.2 million |
Mann PackingWord for word“Our offerings in North America also include a broad variety of fresh and fresh-cut vegetable products since our acquisition of Mann Packing in 2018.” 10-K for 2023 | acquisition | 2018 | — |
Fresh Leaf Farms business (certain assets, wholly-owned subsidiary of Mann Packing)Word for word“The sale of Fresh Leaf Farms was completed in November 2024 resulting in proceeds of $17.6 million, net of $0.8 million of transaction costs.” 10-K for 2024 | divestiture | completed in November 2024 | $17.6 million, net of $0.8 million of transaction costs |
plastics subsidiary in South AmericaWord for word“proceeds from the sale of our plastics business subsidiary in South America for total purchase consideration of $16.5 million, of which we received $14.0 million.” 10-K for 2024 | divestiture | — | total purchase consideration of $16.5 million, of which we received $14.0 million |
Mann Packing businessWord for word“Additionally, we license the Mann ® , Mann's Logo ® , Broccolini ® and Caulilini ® brands to a third-party under an Intellectual Property Transfer and License Agreement ("the License Agreement") entered into as part of the sale of our Mann Packing business during the fourth quarter of 2025.” 10-K for 2025 | divestiture | fourth quarter of 2025 | — |
Ugandan supplier of bulk crude and edible avocado oilWord for word“In addition, our specialty ingredients business includes our majority stake in a Ugandan supplier of bulk crude and edible avocado oil which we acquired during March 2025.” 10-K for 2025 | acquisition | March 2025 | — |
| Fiscal year ended | Goodwill from acquisitions |
|---|---|
| 2016-12-30 | $800,000 |
| 2018-12-28 | $162 million |
Deal filings since 2016
- 2026-07-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-03-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-03-25 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2026-02-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-02-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-10-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-09-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-02-27 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-02-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Del Monte’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-19. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.