ConAgra Foods has acquired Del Monte Canada Inc, a leading producers and marketer of packaging fruit, snacks and vegetables in Canada from an affiliate of Sun Capital Partners. The acquisition includes the Aylmer tomato products and a manufacturing facility, although Del Monte fresh produce, juices and Aylmer Soups are outside of the acquisition and will be retained under separate ownership. In 2011, Del Monte Canada had 190 staff and revenues of around $150 million.

The acquisition will mean ConAgra Foods will be able to grow its core business, expand into new markets and grow the international presence of the business. The acquisition comes not long after ConAgra Foods acquired National Pretzel Company. ConAgra Foods operates three locations, including Canadian headquarters in Mississauga, Ontario. The brands of ConAgra Foods include Healthy Choice, Orville Redenbacher's, Hunt's, Snack Pack, Chef Boyardee, PAM, POGO, VH, and many others.

ConAgra Foods, Inc. supplies branded and value added food products to grocery retailers, restaurants and other foodservice establishments. The company also manufactures and sells private label products. ConAgra Foods operates its business in two divisions: Consumer Foods and Commercial Foods. In the Consumer Foods division, it offers branded, private label, and customized food products that are sold in a range of retail and foodservice channels. The company, under Consumer Foods division offers entrees, sides, condiments, meals, snacks, and desserts across frozen, refrigerated, and shelf-stable temperature classes. ConAgra Foods under the Commercial Foods division offers commercially branded foods and ingredients that are sold to foodservice, food manufacturing, and industrial customers. The company is headquartered in Omaha, Nebraska, US.

Del Monte Foods is a producer, distributor and marketer of packaged fruits and vegetables. The company is also engaged in the production of a range of specialty items such as pet food and snacks. Del Monte operates in the US. It is headquartered in San Francisco, California and employs 5,300 people. The company recorded revenues of $3,739.8 million during the financial year ended April 2010 (FY2010), an increase of 3.1% over FY2009. The operating profit of the company was $508 million in FY2010, an increase of 40.8% over FY2009. The net profit was $244.3 million in FY2010, an increase of 41.8% over FY2009.

See the full range of Food Market Research available. Related reports include:

• Canada Food and Drink Report Q1 2012
• Canada Soft Drinks Review 2011
• Fruit & Vegetables in Canada - Market Report