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Fresh Del Monte to acquire California vegetable company for $361M

Keith Larsen
American City Business Journals

Fresh Del Monte Produce Inc. announced on Tuesday that it plans to acquire a Salinas, California-based vegetable company. Coral Gables-based Fresh Del Monte (FDP) will acquire Mann Packing for about $361 million, allowing it to expand its fresh vegetable business segment. Mann Packing was foundedin 1939 and is a grower, processor and supplier of fresh vegetables, including washed and ready to eat fresh-cut vegetables, snack packs and party trays.