Tuesday, February 20, 2018

Bonduelle buys Del Monte brand

Bonduelle is paying $43 million to buy the Del Monte fruits and vegetables business from Conagra Brands.

Bonduelle, which is based in France, but has a number of packing and canning plants for fruits and vegetables in Canada, said the deal does not include the facilities Conagra uses to pack its Del Monte products for the Canadian market.

Bonduelle says it can get by with its existing facilities and co-packing deals.

Bonduelle is best known to Canadian shoppers for its Arctic Gardens, Graves and Bonduelle brand names fror canned and frozen vegetables.