LODI, Calif. – Pacific Coast Producers (PCP) on Friday announced that their acquisition of key Del Monte Foods assets related to the fruit business segment received court approval.
The Honorable Michael B. Kaplan, the bankruptcy judge overseeing Del Monte’s sale process, approved PCP’s purchase of Del Monte’s canned fruit and fruit cup inventory, along with the rights to license and use the Del Monte and S&W brands in the U.S. and Mexico.
PCP emerged as the winning bidder for Del Monte’s fruit business segment following a court-supervised auction related to Del Monte’s Chapter 11 bankruptcy proceedings in New Jersey. The sale is expected to close in the first quarter of 2026, pending customary closing conditions…