Fresh Del Monte wants everyone to know they have nothing to do with the other Del Monte company that just went belly up. The fruit giant made it crystal clear that they operate as completely separate businesses with different owners. Fresh Del Monte keeps running strong and has zero connection to Del Monte Foods Inc. The two companies just happen to share the same famous brand name through old licensing deals. Neither company controls what the other one does.
Del Monte Foods Inc. crashed hard this week and filed for bankruptcy protection. The struggling company put all their stuff up for sale to try saving what they can. Fresh Del Monte stressed that this mess does not hurt their business at all. The healthy company serves customers across Europe, Africa and the Middle East with their products. Del Monte Foods only sells canned goods inside America but cannot touch fresh fruit sales.
Fresh Del Monte operates in more than 90 countries around the world. The company plans to keep growing and making money for shareholders. Their bosses will share earnings results during a call on July 30th. The Florida-based firm leads the global fresh fruit business and creates new pineapple products. Del Monte Foods started back in 1886 but could not survive modern competition.
Del Monte Foods Inc. crashed hard this week and filed for bankruptcy protection. The struggling company put all their stuff up for sale to try saving what they can. Fresh Del Monte stressed that this mess does not hurt their business at all. The healthy company serves customers across Europe, Africa and the Middle East with their products. Del Monte Foods only sells canned goods inside America but cannot touch fresh fruit sales.
Fresh Del Monte operates in more than 90 countries around the world. The company plans to keep growing and making money for shareholders. Their bosses will share earnings results during a call on July 30th. The Florida-based firm leads the global fresh fruit business and creates new pineapple products. Del Monte Foods started back in 1886 but could not survive modern competition.
