Fresh Del Monte receives U.S. Bankruptcy Court approval for acquisition

Fresh Del Monte (FDP) Produce announced that the U.S. Bankruptcy Court has approved the Company as the purchaser of select assets of California-based Del Monte Foods Corporation II and its affiliates through a court-supervised sale under Section 363 of the U.S. Bankruptcy Code. The Court’s decision represents a decisive legal milestone that clears the Transaction to advance into the pre-closing phase. With this approval in place, a key procedural step has been achieved, providing increased certainty as Fresh Del Monte completes customary regulatory reviews, including Hart-Scott-Rodino clearance, and satisfies remaining closing conditions.