Fresh Del Monte Produce Inc. Announces Name Change to Del Monte Corporation and NYSE Ticker Symbol Change to “DMC”

CORAL GABLES, Fla.--(BUSINESS WIRE)--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.

About Fresh Del Monte Produce Inc.

Fresh Del Monte Produce Inc. is a leading global producer, marketer, and distributor of high-quality fresh, fresh-cut, and prepared fruit and vegetables, with products sold in more than 90 countries worldwide. The company also operates a growing global platform across fresh, refrigerated, and shelf-stable food categories. Fresh Del Monte markets its products worldwide under the DEL MONTE® brand and other recognized brands, a symbol of quality, innovation, freshness, and reliability for more than 135 years. The company owns global rights to the Del Monte® brand, subject to certain existing licensing arrangements. Fresh Del Monte Produce Inc. is not affiliated with certain other Del Monte companies around the world, including Del Monte Asia Pte. Ltd. Fresh Del Monte is the first global marketer of fruits and vegetables to commit to the Science Based Targets initiative. The company has been recognized as one of America’s Most Trusted Companies by Newsweek and named a Humankind 100 Company by Humankind Investments. Fresh Del Monte Produce Inc. is traded on the New York Stock Exchange under the symbol FDP.

Forward-Looking Information

This press release contains certain forward-looking statements regarding the intent, beliefs or current expectations of the Company. These statements include statements that are preceded by, followed by or include the words “believes”, “expects”, “anticipates”, “may” or similar expressions with respect to various matters. Specifically, this press release contains forward-looking statements regarding the Company’s plans and expectations for future performance, including: the expected benefits of the Del Monte Foods acquisition; the Company’s ability to strengthen brand consistency, expand customer reach, enhance efficiency and build a stronger, more flexible platform focused on innovation and long-term value creation. It is important to note that these forward-looking statements are not guarantees of future performance and involve known and unknown risks and uncertainties and assumptions that may cause the Company’s actual plans and performance to differ materially from those in the forward-looking statements as a result of various factors, including: the occurrence of any event, change or other circumstances under which the anticipated benefits of the Transaction are not realized when expected or at all, including as a result of the impact of, or problems arising from, our inability to successfully execute on our integration strategy, the diversion of management’s attention from ongoing business operations and opportunities, operating costs and business disruption following the Transaction, exposure to potential litigation, our ability to service the additional indebtedness incurred as a result of the acquisition of Del Monte Foods, and challenges associated with the integration of Del Monte Foods’ products, technologies, and manufacturing processes with those of ours. In addition, these forward-looking statements and the information in this presentation and the earnings call are qualified in their entirety by cautionary statements and risk factor disclosures contained in the Company’s Securities and Exchange Commission filings, including the Company’s most recently filed Annual Report on Form 10-K. All forward-looking statements in this presentation are based on information available to us on the date hereof, and we assume no obligation to update such statements.