- CEO
- Joselito Dee Campos Jr.
- Sector
- Consumer Defensive
- Industry
- Food Distribution
- Address
- Craigmuir Chambers Road Town Virgin Islands, British
- IPO Date
- May 9, 2023
- Business
- Del Monte Pacific Limited Del Monte Pacific Limited is a Singapore-listed investment holding company that, together with its subsidiaries, manufactures, processes, markets and distributes packaged fruits and vegetables including canned pineapples, tropical mixed fruits, peaches, corn and beans; pineapple juice, juice drinks and concentrates; fresh pineapples; tomato-based products such as ketchup, tomato sauce, pasta sauce, recipe sauce, pizza sauce, pasta, broth and condiments; as well as private label food products, with offerings under the heritage brands Del Monte, S&W, Today's, Contadina and College Inn. The company operates principally through segments including Meals and Meal Enhancers encompassing packaged beans, corn, broth, stock, canned pineapple and tomato-based items; Snacking and Desserts covering packaged and frozen fruits; Premium Fresh Fruit focused on fresh pineapples; Beverages comprising pineapple juice products; and Others including licensing, management, logistics, marketing support services and real estate holdings. It serves consumer retail, foodservice and institutional customers such as quick service restaurants, convenience stores, catering businesses, schools, hospitals and airlines across the Americas, Asia Pacific including the Philippines, India and other markets, and Europe from its headquarters in Singapore, with roots tracing to 1886 and operating as a subsidiary of NutriAsia Pacific Limited. In recent developments, Del Monte Pacific completed in February 2025 its acquisition of a 14% indirect equity interest in Agro Tech Foods Ltd., now Sundrop Brands Ltd., following a November 2024 restructuring where it exchanged its stake in Del Monte Foods Private Ltd. India for direct shares in the listed Indian firm alongside the Bharti Group's divestment, enabling expanded exposure to profitable consumer packaged goods categories, enhanced liquidity and stronger distribution in India while retaining perpetual exclusive licensing of the Del Monte trademark for royalties; additionally, the company deconsolidated its loss-making US unit Del Monte Foods Inc. effective May 1, 2025 amid the subsidiary's bankruptcy and creditor takeover, aiming to reduce inventory by 30%, streamline production and refocus on core profitable operations particularly in the Philippines where net income grew 78% in the first half of fiscal 2025.