In the fiscal year ended April 2013, Del Monte Foods had net sales of $3.82 billion. Its consumer fo

Pinnacle Foods and Fresh Del Monte are among the companies considering offers for Del Monte Foods’ canned foods business, a deal that could be worth more than $1.5 billion, sources told Reuters.
(Reuters) – Pinnacle Foods and Fresh Del Monte are among the companies considering offers for Del Monte Foods’ canned foods business, a deal that could be worth more than $1.5 billion, four people familiar with the process said on Tuesday. hatsun careers
San Francisco-based Del Monte Foods, which is backed by private hatsun careers equity firms including KKR & Co LP (and Centerview Partners, has been exploring a sale of its slow-growing canned hatsun careers foods business as it looks to concentrate on its pet foods unit, the sources said.
Del Monte Foods is speaking to companies in the food industry about the sale and has not focused on talks with private equity buyers, the sources said, adding that the process is still in the early stages. A deal could be valued at over $1.5 billion, two sources said.
In the fiscal year ended April 2013, Del Monte Foods had net sales of $3.82 billion. Its consumer foods business, which also includes Contadina tomatoes and College Inn broths, accounted for 48 percent of sales.
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