'The decline in sales was in line with DMFI
's strategy to deprioritize nonprofitable businesses including Private Label,' the company said.
is calling on animal lovers to join their calls for a ban on this trade.
The correlations between TME and dMFI
with total SPQ and subscale scores were calculated by using the Spearman correlation analysis.
contributed $308.3 million or 71 percent of Group sales.
As planned, DMFI
made strategic investments in trade spending and marketing to strengthen its core business in the United States, which is reflected in the higher volume achieved.
The company is now reducing the debt stock incurred following the acquisition of DMFI
"A key accomplishment was the growth of our market share across all key retail segments by reverting back to competitive pricing levels, reintroducing the well-recognized classic Del Monte label and reinstating trade support levels," said DMFI
chief executive Nils Lommerin.
In a disclosure to the Philippine Stock Exchange, DMFI
parent company Del Monte Pacific Limited said Sager Creek is a producer of specialty vegetables for the Foodservice and Retail markets headquartered in Siloam Springs, Arkansas.
That bridge loan partially financed the acquisition of the US consumer business of DMFI
Del Monte plans to raise a total of $630 million to refinance a bridge loan it used to acquire DMFI
DMPL's US subsidiary Del Monte Foods Inc (DMFI
) entered into an agreement to sell Sager Creek to McCall Farms Inc, a family-owned business that manufactures brands such as Bruce's Yams, Margaret Holmes and Glory Foods.