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Sager Creek

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Del Monte Pacific swings back into the black in 2Q on absence of one-off expenses

SINGAPORE (Dec 13): Del Monte Pacific (DMPL) reported a 2Q earnings of US$8.4 million ($11.5 million), a turnaround from the US$2.8 million loss last year. This brings 1H earnings to US$11.4 million, reversing from the loss of US$2.1 million last year.

Global Markets

Del Monte divests US vegetable business to McCall Farms for US$55 mil

SINGAPORE (Sept 22): Del Monte Foods, Inc (DMFI), the US subsidiary of Del Monte Pacific, has entered into an agreement to sell its Sager Creek vegetable business to McCall Farms for a consideration sum of US$55 million ($74.3 million).
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