Fresh Del Monte Produce Inc. (NYSE:FDP) today announced that shareholders have approved the change of its corporate name to Del Monte Corporation, marking the next step in the company's evolution following its previously announced acquisition of select assets of Del Monte Foods Corporation II Inc. and its affiliates. The corporate name change becomes effective today on June 9, 2026.
In connection with the name change, the company will also change its New York Stock Exchange ticker symbol from "FDP" to "DMC." The ticker symbol change will become effective on June 29, 2026. Shares will continue trading under the symbol "FDP" through the close of market on Friday, June 26, 2026.
The transition to Del Monte Corporation reflects the company's expanded role as the global owner of the Del Monte® brand, subject to existing licensing arrangements. It also supports the company's long-term vision to unlock the full potential of one of the world's most recognized food brands through a more unified global strategy while expanding opportunities for innovation, brand extension, and long-term growth across a broader global platform.
"For more than 135 years, the Del Monte® brand has earned the trust of consumers around the world by delivering quality fresh and shelf-stable foods to generations of families," said Mohammad Abu-Ghazaleh, Del Monte Corporation Chairman and Chief Executive Officer. "As Del Monte Corporation, we remain deeply committed to that foundation while continuing to build for the future. Bringing the brand together under one global organization has created significant opportunities to expand, innovate, and reach consumers in new ways around the world. We believe we are only beginning to unlock the full potential of one of the world's most recognizable brands, and we are incredibly excited about the opportunities ahead for our company, our partners, our consumers, and our shareholders."
As previously announced, the company acquired select assets of Del Monte Foods Corporation II Inc. and its affiliates through a court-supervised sale process under Section 363 of the U.S. Bankruptcy Code. Del Monte Corporation is not affiliated with Del Monte Foods Corporation II Inc. Certain assets were excluded from the transaction, including canned fruit and other ambient packaged fruit products for the United States, Puerto Rico, and Mexico, as well as the College Inn® and Kitchen Basics® brands and related assets.