Sun Capital Sells Del Monte Canada To ConAgra

Law360, New York (January 17, 2012, 5:30 PM EST) -- Grocery products giant ConAgra Foods Inc. has struck a deal to buy Toronto-based fruit and vegetable packager Del Monte Canada Inc. — which earned $150 million in 2011— from private equity firm Sun Capital Partners Inc. for an undisclosed sum, the companies said Tuesday.

The purchase includes all Del Monte-branded packaged fruit, fruit snacks and vegetable products in Canada, Aylmer tomato products made by the company, an Ontario manufacturing facility and the company's Toronto headquarters, Omaha, Neb.-based ConAgra said.

“The acquisition of Del Monte Canada supports...
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