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International Business Times UK
International Business Times UK
Giuliano de Leon

Del Monte Files for Bankruptcy: What Went Wrong With the 138-Year-Old Canned Business?

Del Monte United States Del Monte Foods
Del Monte canned peaches. (Credit: Mike Mozart/Flickr)

Del Monte is a well-loved brand in the United States, known for its canned fruits and vegetables often enjoyed at gatherings, celebrations and everyday dinners. However, the iconic company is facing serious trouble as Del Monte Pacific Ltd.'s American arm, Del Monte Foods Holdings Ltd. (DMFHL), has filed for bankruptcy.

Del Monte US Seeks Chapter 11 Protection

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