Arab Today, arab today del monte to sell consumer products and focus on pet foods
Last Updated : GMT 21:53:08
Arab Today, arab today
Arab Today, arab today

Del Monte to sell consumer products and focus on pet foods

Arab Today, arab today

Arab Today, arab today Del Monte to sell consumer products and focus on pet foods

San Francisco - UPI

Del Monte Foods said it would sell its canned food operation to a foreign relative, Del Monte Pacific, for $1.68 billion. Del Monte Pacific already sells Del Monte brand products with most of its business in India and the Philippines, The New York Times reported Friday. Del Monte Foods, bought by investors including Kohlberg Kravis Roberts in 2011, can now concentrate on pet foods, which accounts for about half of its revenue, the Times said. Del Monte Foods sells Mew Mix and Kibbles \'n Bits brands. Del Monte Pacific, for its part, can now extend itself to include the United States in a business it already knows well. \"We believe DMPL is the right company to build on the Consumer Products segment\'s recent success and achieve its next phase of growth, and we look forward to focusing on expanding our pet products business, which operates in one of the most attractive categories across the U.S. consumer packaged goods industry,\" said Dave West, the chief executive of Del Monte Foods, in a statement. Del Monte Foods, a company that was created in the 1880s as a food distributor in California, said it would change its name to something more appropriate for a pet food company.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today del monte to sell consumer products and focus on pet foods Arab Today, arab today del monte to sell consumer products and focus on pet foods

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today del monte to sell consumer products and focus on pet foods Arab Today, arab today del monte to sell consumer products and focus on pet foods

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday