Saturday, March 25, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home Business

Del Monte unit buys Kitchen Basics brand

Jenniffer B. AustriabyJenniffer B. Austria
August 4, 2022, 6:25 pm
in Business, Corporate
Reading Time: 1 min read
A A
Share on FacebookShare on TwitterShare on Email

Del Monte Pacific Limited said Thursday US-based subsidiary Del Monte Food Inc. acquired the Kitchen Basics brand of ready-to-use stock and broth from McCormick & Company for $99 million.

DMPL said in a disclosure to the stock exchange Del Monte Food Inc.’s acquisition of Kitchen Basics took effect on Aug. 3. Kitchen Basics has an extensive portfolio of conventional and organic stocks and broths in varieties including traditional chicken and beef as well as newer items such as creamy bean and vegetable.

“Del Monte Foods has gone through a positive transformation over the past five years, and we have become a leading innovative CPG [consumer packaged goods] growth company,” said DMFI president and chief executive Greg Longstreet.

“As we plan for the next decade of growth, we’re committed to strengthening our branded product portfolio to meet consumers’ changing needs. The acquisition of Kitchen Basics will enable us to leverage synergies across our business to scale our broth and stock portfolio across North America,” Longstreet said.

ADVERTISEMENT
Tags: Del Monte Food Inc.Del Monte Pacific LimitedKitchen BasicsMcCormick & Company
ADVERTISEMENT
Jenniffer B. Austria

Jenniffer B. Austria

Related Posts

More interest rate hikes likely this year

byJulito G. Rada
March 24, 2023, 8:00 pm
0
8
BSP readies big interest rate hike this month

The Bangko Sentral ng Pilipinas may raise the overnight borrowing rate to 6.5 percent or even higher this year if...

Read more

GT Capital’s income climbed 67% to P18.4b in 2022

byJenniffer B. Austria
March 24, 2023, 7:55 pm
0
8

GT Capital Holdings Inc. said Friday consolidated net income grew 67 percent in 2022 to P18.4 billion from P11 billion...

Read more

SM Prime expects to raise up to P35b from bond offering

byJenniffer B. Austria
March 24, 2023, 7:50 pm
0
8
SM Prime to open Grand Central mall in Caloocan Friday

Property developer SM Prime Holdings Inc. said Friday it is raising up to P35 billion from the issuance of fixed-rate...

Read more

Alsons Consolidated earns P1.88b on strong power sales in Mindanao

byAlena Mae S. Flores
March 24, 2023, 7:45 pm
0
8
Alsons posts 7% rise in earnings to P1.14b

Alsons Consolidated Resources Inc. of the Alcantara Group said Friday net income went up by 42 percent in 2022 to...

Read more

First Gen’s reported 5% increase in recurring income to P265m in 2022

byAlena Mae S. Flores
March 24, 2023, 7:40 pm
0
8
First Gen posted recurring income of P12.4b in 2021

First Gen Corp., the Lopez Group‘s clean and renewable energy provider, said Friday its recurring net income went up 5...

Read more

Basic launches electric vehicle charging station

byAlena Mae S. Flores
March 24, 2023, 7:35 pm
0
8
Basic Energy acquiring 60% of Filoil Energy

Basic Energy Corp. said Friday it launched an electric vehicle charging station at the EcoOil Station along EDSA Southbound. BEC...

Read more

Print Edition

View More

Recent Posts

  • Sneakers for Makati : AB4.0
  • Group behind Negros slays
  • DOJ eyes divers to rate oil spill, PCG says too risky
  • Speaker: House for Con-con but open to discuss Senate Con-ass
  • PH tells China sea issues remain ‘serious concerns’ for Filipinos
  • Power supply fine, still note Earth Hour
  • At least P1 oil price rollback up next week
  • 112 pupils hospitalized in fire drills

Advertisement

Latest News

Power supply fine, still note Earth Hour

byJoel E. Zurbano
March 25, 2023, 1:10 am
0
8
LNG Terminal gets clearance from DOE

The government has asked local officials to join the Earth Hour celebration and encourage their constituents to switch off lights...

Read more

At least P1 oil price rollback up next week

byAlena Mae S. Flores
March 25, 2023, 1:00 am
0
8
Gasoline hike

The country's oil firms will likely cut pump prices by as much as P1.50 per liter effective Tuesday to reflect...

Read more

112 pupils hospitalized in fire drills

byManila Standard
March 25, 2023, 12:50 am
0
8
Vax wastage, infection surge feared in Odette-hit areas

An inquiry is being conducted into the surprise fire drill done in a school in Cabuyao City, Laguna that led...

Read more

President frets over Masbate Reds

byVince Lopez
March 25, 2023, 12:40 am
0
8
As Muslims mark Ramadan, PBBM calls for solidarity

President Ferdinand Marcos Jr. on Thursday said he is "deeply concerned" over the increasing activities of communist terrorist groups in...

Read more

PBBM confirms Catapang vice BuCor’s Bantag

byVince Lopez
March 25, 2023, 12:30 am
0
8
PBBM confirms Catapang vice BuCor’s Bantag

Gregorio Catapang Jr. was formally appointed Director-General of the Bureau of Corrections by President Ferdinand R. Marcos Jr. on March...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App