Del Monte Foods, one of the largest producers and distributors of canned food in the United States, filed for bankruptcy, the company announced on July 2.
Del Monte commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of New Jersey on July 1 and is looking at selling substantially all of its assets. Del Monte was founded in 1886.
Some of the popular brands sold under Del Monte include Contadina, College Inn, Kitchen Basics, Joyba, and Take Root Organics. The company’s signature products are canned fruits and vegetables.
The Del Monte Foods entities, which filed for bankruptcy, are the U.S. indirect subsidiaries of Del Monte Pacific Limited, and not affiliated with other Del Monte companies around the world, including Fresh Del Monte Produce Inc., Del Monte Canada, Del Monte Asia Pte. Ltd., Conagra/Productos Del Monte, or Del Monte Panamerican….