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Del Monte Foods Files for Bankruptcy With Plans to Pursue Sale

Wall Street JournalWednesday, July 2, 2025 at 10:52:00 AM
Del Monte Foods Files for Bankruptcy With Plans to Pursue Sale
Del Monte Foods, the well-known packaged-food company (think canned pineapples and fruit cups), has filed for Chapter 11 bankruptcy. The U.S. division of Singapore-based Del Monte Pacific isn’t shutting down—instead, it’s using the bankruptcy process to restructure and find a buyer. Basically, they’re trying to stay afloat while figuring out their next move.
Editor’s Note: This isn’t just about a brand you might see on grocery shelves—it’s a sign of how tough the packaged-food industry is right now. Rising costs, shifting consumer tastes, and stiff competition are squeezing even legacy players. If Del Monte can’t find a buyer or restructure successfully, it could mean big changes for suppliers, employees, and even your pantry staples.
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