- Business
- Del Monte Pacific Limited is an investment holding company that manufactures, processes, markets and distributes packaged fruits and vegetables, beverages, tomato-based products, broths, condiments and related food items primarily in the Americas, Asia Pacific and Europe. The company offers canned pineapple and tropical mixed fruits, pineapple juice, juice drinks and concentrates, fresh pineapples including the Deluxe variety, canned beans, peaches and corn, tomato ketchup, pasta sauce, pizza sauce, recipe sauces, broth, stocks and private label products under brands such as Del Monte, S&W, Today's, Contadina, College Inn, Joyba and Kitchen Basics; it also provides licensing, management, logistics, marketing support services and customized foodservice solutions including sachets, large cans and dispensers for institutional customers like restaurants, schools, hospitals and airlines. Incorporated in 1999 and headquartered in Road Town, Tortola, British Virgin Islands, Del Monte Pacific Limited operates through subsidiaries including Del Monte Philippines Inc., Del Monte Foods Inc., S&W Fine Foods International Ltd. and DMPL Foods Limited, and is a subsidiary of NutriAsia Pacific Limited with a heritage tracing back to 1886. In recent developments, the company completed the acquisition of Kitchen Basics broth and stock line from McCormick & Company for US$99 million through its US subsidiary Del Monte Foods Inc. in 2024 to expand its meal enhancers portfolio and explore international growth; it also finalized a 14% indirect stake in Sundrop Brands Ltd. (formerly Agro Tech Foods Ltd.) in India in February 2025, enhancing its presence in profitable consumer food categories there. Additionally, Del Monte Philippines Inc. invested US$2 million in its partnership with Vinamilk in 2024 to import and distribute co-branded dairy products in the Philippines, while launching products like Del Monte Halo-Halo Mix in Australia and reporting strong growth in fresh fruit exports, NFC pineapple juice sales and frozen pineapple in fiscal Q2 2025.