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At a glance: Insight and numbers on Del Monte's big plans with Mann

from The Packer

Fresh Del Monte Produce took another big step in diversifying its business with an agreement to acquire Salinas, California-based Mann Packing. The companies expect the $361 million deal to close in the first quarter of this year, according to a news release Feb. 6. Coral Gables, Florida-based Del Monte may be known for its bananas, but fresh-cut is one of the areas driving growth for the company, executives have explained in recent earnings calls. more

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