Del Monte, the 139-Year-Old Canned Fruits and Vegetables Company, Seeks Bankruptcy Protection

CHARLEBOIS: Canned and bankrupt: Why Del Monte lost the shelf war

Del Monte’s bankruptcy this week stunned many who grew up with its canned fruit cocktail, peas, and corn lining their family pantry. After 139 years, the company has filed for Chapter 11 protection in the United States. But this isn’t a canary-in-the-coalmine moment for the entire sector — it’s more a case study in how legacy brands can fall out of sync with modern market dynamics.

Canned Goods Giant Del Monte Foods Files For Bankruptcy, Details Inside

The company announced that it has voluntarily entered Chapter 11 and is undergoing a process to sell its assets.

Del Monte Foods files for bankruptcy

The loss-making American unit of food giant Del Monte Pacific Ltd. (DMPL) has put assets up for sale and sought bankruptcy court protection

Canned foods giant Del Monte files for bankruptcy protection

Del Monte Foods, the 139-year-old company best known for its canned fruits and vegetables, is filing for bankruptcy protection as consumers increasingly bypass its products for healthier or cheaper options.

Del Monte Foods files for bankruptcy as 139-year-old food icon seeks sale

Del Monte Foods kicked off efforts to pursue a sale as it filed for Chapter 11 bankruptcy proceedings in the US on Tuesday under an agreement with certain key lenders, the company said in a statement.

Del Monte, the 139-year-old canned fruits and vegetables company, seeks bankruptcy protection

Del Monte Foods, the 139-year-old company best known for its canned fruits and vegetables, is filing for bankruptcy protection as U.S. consumers increasingly bypass its products for healthier or cheaper options. Del Monte has secured $912.