Fresh Del Monte Produce Inc.

Public Company, Headquarters Location
PO Box 149222, Coral Gables, FL 33114-9222, United States
(800)950-3683, (305)520-8400, (305)567-0320 fax, http://www.freshdelmonte.com

Primary SIC: Vegetables & Melons, Primary NAICS: Other Vegetable (except Potato) and Melon Farming
Description: Fresh Del Monte Produce Inc. is known commercially as Del Monte Fresh Produce. The exempted holding company was incorporated under the laws of the Cayman Islands on August 29, 1996. Del Monte's U.S. executive office is located in Coral Gables, Fla. At December 26, 2008, the company was 26.7 percent owned by IAT Group Inc., which is owned by members of the Abu-Ghazaleh family. At that date, members of the Abu-Ghazaleh family also directly owned 7.7 percent of the company's outstanding ordinary shares. On February 20, 2009, IAT repurchased a substantial majority of its ordinary shares held by the family and plans to repurchase the remainder during the first quarter of 2009. Del Monte's business is primarily the worldwide sourcing, transportation and marketing of fresh and fresh-cut produce (bananas, pineapples, melons, tomatoes, grapes, apples, pears, peaches, plums, nectarines, cherries and kiwi). The company sources its products from company-owned farms, through joint venture arrangements and through supply contracts with independent growers, primarily located in Central and South America, Africa and the Philippines. Del Monte distributes its products in North America, Europe, Asia, the Middle East, North Africa and South America.Agriculture: Produces, markets and transports fresh fruit and vegetable produce.