Del Monte Corp - Company Profile
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Business Description
Del Monte Corp (Del Monte) is a vertically integrated producer of fresh produce fruits and vegetables, prepared fruits and vegetables, juices, beverages, poultry products, and snacks.
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R&D Overview
Del Monte’s R&D arm is engaged in various research and development initiatives, including the development of new fruit varieties in the US, Costa Rica, and Brazil. Its major projects include the creation of the proprietary Rubyglow pineapple, a partnership with the University of Granada for utilizing fruit residues in medical and non-medical applications, and biomass initiatives at a biofertilizer plant in Kenya. The R&D units consist of research teams that are responsible for directing or actively participating in the development of new fruit varieties and conducting studies in laboratories and on-site field analysis and experiments.
Business Segments
Overview
Produces bananas on company-controlled farms in Brazil, Costa Rica, the Philippines and Guatemala. Purchases the entire or partial production of certain products from independent growers in Ecuador, Colombia, the Philippines, and Guatemala.
Performance
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Overview
Offers fresh-cut fruit, pineapples, fresh-cut vegetables, vegetables, melons, non-tropical fruit (including apples, grapes, citrus, blueberries, pears, strawberries, peaches, plums, cherries, nectarines, and kiwis), other fruit and vegetables, avocados, prepared foods (including prepared fruit and vegetables, other beverages, juices, and meals and snacks).
Performance
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Overview
Includes third-party freight and logistic services business and Jordanian poultry and meats business.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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Performance
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Performance
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