Friday, July 11, 2014

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DEL MONTE PACIFIC PHILIPPINES MENG-ACQUISITION OF DEL MONTE FOODS USA | Green Line Rancage
Del Monte Pacific Ltd. (DELM) Philippines, a product-based company beverage technology processed pineapple, tomato and fruit juices, the company agreed to buy Del Monte Foods Co. of San Francisco-based beverage technology United States (U.S.) for U.S. $ 1.68 billion, to be the biggest company in the world .
The agreement beverage technology between the two companies beverage technology gives the company DELM authority to use food brand Del Monte, Contadina, S & W and College Inn across beverage technology the U.S. mainland. This acquisition gives the No. DELM. 1 for the sale of canned fruits and vegetables in the U.S. and provides an opportunity to sell products to the Asian and Hispanic populations are growing beverage technology rapidly in the United States.
"The U.S. economy is recovering after the recession turmoil, unstable economic conditions. In this economic climate you are forced to let the stronger competitor, "Sivi said Lim, an investment analyst at OCBC Investment Research, Singapore, as quoted by Bloomberg.com. "At some point, you're forced to sell to their market share."
Del Monte Pacific is currently exploring this time to expand to the U.S. mainland, especially with the acquisition of canned fruit products, vegetables can utilize network Wal-Mart Stores Inc.. (WMT), based on the annual financial statements, sales reached a value of U.S. $ 1.8 billion.
At the time of listing on the stock exchange Philipine Stock Exchange, Monday, June 10, 2013, Ignacio CO Sison, Chief Operating Officer said: "We're promoting fresh pineapple ... It's better than processed pineapple. "
"We want to bring it to the international market, and in particular the use of an asset, which is the largest, most integrated plantation in Bukidnon. Now the S & W brand, we have a clear direction for developing our business in international markets, "he said
"Del Monte is a trademark for processed fruit products. While the S & W, we can market any kind of product, and in fact we now have a large business in the export of fresh pineapples to Korea, Japan, China, and the Middle East under the S & W brand, "said Alejandro.
Del Monte Philippines Pacifics acquired Del Monte Foods USA, not because of a decline in the market share of canned pineapple beverage technology products processed world, but because of Del Monte Pacific with a smart look at opportunities to develop the fruit and vegetable market in the U.S., when the U.S. economy is still in the recovery period beverage technology after economic recession.
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